Industry (including construction), value added … unit GDP LCU in Venezuela
Venezuela: Industry (including construction), value added … unit GDP LCU was 0.0834 constant LCU per US$ of GDP in 2014. ◆ Volatile
Industry (including construction), value added (constant LCU), per in Venezuela, 1968–2014
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Venezuela recorded 0.0834 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2014.
The figure is up 13.3% on the previous year and down 40.0% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Venezuela peaked at 1.07 constant LCU per US$ of GDP in 1968 and was at its lowest, 0.0451 constant LCU per US$ of GDP, in 2010.
That places Venezuela 188th out of 198 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added … unit GDP LCU in Venezuela, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1968 | 1.07 constant LCU per US$ of GDP | — |
| 1969 | 1 constant LCU per US$ of GDP | -6.3% |
| 1970 | 1.01 constant LCU per US$ of GDP | +0.4% |
| 1971 | 0.8908 constant LCU per US$ of GDP | -11.7% |
| 1972 | 0.8137 constant LCU per US$ of GDP | -8.7% |
| 1973 | 0.7196 constant LCU per US$ of GDP | -11.6% |
| 1974 | 0.4524 constant LCU per US$ of GDP | -37.1% |
| 1975 | 0.3969 constant LCU per US$ of GDP | -12.3% |
| 1976 | 0.3673 constant LCU per US$ of GDP | -7.5% |
| 1977 | 0.3319 constant LCU per US$ of GDP | -9.6% |
| 1978 | 0.318 constant LCU per US$ of GDP | -4.2% |
| 1979 | 0.2641 constant LCU per US$ of GDP | -16.9% |
| 1980 | 0.2048 constant LCU per US$ of GDP | -22.4% |
| 1981 | 0.1774 constant LCU per US$ of GDP | -13.4% |
| 1982 | 0.1744 constant LCU per US$ of GDP | -1.7% |
| 1983 | 0.1504 constant LCU per US$ of GDP | -13.8% |
| 1984 | 0.2012 constant LCU per US$ of GDP | +33.8% |
| 1985 | 0.1937 constant LCU per US$ of GDP | -3.7% |
| 1986 | 0.2125 constant LCU per US$ of GDP | +9.7% |
| 1987 | 0.2812 constant LCU per US$ of GDP | +32.4% |
| 1988 | 0.2402 constant LCU per US$ of GDP | -14.6% |
| 1989 | 0.2829 constant LCU per US$ of GDP | +17.8% |
| 1990 | 0.2796 constant LCU per US$ of GDP | -1.2% |
| 1991 | 0.2833 constant LCU per US$ of GDP | +1.3% |
| 1992 | 0.2665 constant LCU per US$ of GDP | -5.9% |
| 1993 | 0.2738 constant LCU per US$ of GDP | +2.7% |
| 1994 | 0.2776 constant LCU per US$ of GDP | +1.4% |
| 1995 | 0.2209 constant LCU per US$ of GDP | -20.4% |
| 1996 | 0.2479 constant LCU per US$ of GDP | +12.2% |
| 1997 | 0.1988 constant LCU per US$ of GDP | -19.8% |
| 1998 | 0.1862 constant LCU per US$ of GDP | -6.3% |
| 1999 | 0.1591 constant LCU per US$ of GDP | -14.6% |
| 2000 | 0.1382 constant LCU per US$ of GDP | -13.2% |
| 2001 | 0.1359 constant LCU per US$ of GDP | -1.6% |
| 2002 | 0.1586 constant LCU per US$ of GDP | +16.7% |
| 2003 | 0.1589 constant LCU per US$ of GDP | +0.2% |
| 2004 | 0.139 constant LCU per US$ of GDP | -12.5% |
| 2005 | 0.1147 constant LCU per US$ of GDP | -17.5% |
| 2006 | 0.0974 constant LCU per US$ of GDP | -15.1% |
| 2007 | 0.0808 constant LCU per US$ of GDP | -17.1% |
| 2008 | 0.0611 constant LCU per US$ of GDP | -24.4% |
| 2009 | 0.0556 constant LCU per US$ of GDP | -8.9% |
| 2010 | 0.0451 constant LCU per US$ of GDP | -18.9% |
| 2011 | 0.0577 constant LCU per US$ of GDP | +28.0% |
| 2012 | 0.0514 constant LCU per US$ of GDP | -10.9% |
| 2013 | 0.0736 constant LCU per US$ of GDP | +43.2% |
| 2014 | 0.0834 constant LCU per US$ of GDP | +13.3% |
Venezuela compared with similar countries
- Venezuela's 0.0834 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 11.45 constant LCU per US$ of GDP, 1% of the median. (47 countries reporting)
- Venezuela's 0.0834 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4062 constant LCU per US$ of GDP, 21% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.04 constant LCU per US$ of GDP | 1 constant LCU per US$ of GDP | 1.07 constant LCU per US$ of GDP | 2 |
| 1970s | 0.5563 constant LCU per US$ of GDP | 0.2641 constant LCU per US$ of GDP | 1.01 constant LCU per US$ of GDP | 10 |
| 1980s | 0.2119 constant LCU per US$ of GDP | 0.1504 constant LCU per US$ of GDP | 0.2829 constant LCU per US$ of GDP | 10 |
| 1990s | 0.2394 constant LCU per US$ of GDP | 0.1591 constant LCU per US$ of GDP | 0.2833 constant LCU per US$ of GDP | 10 |
| 2000s | 0.114 constant LCU per US$ of GDP | 0.0556 constant LCU per US$ of GDP | 0.1589 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0622 constant LCU per US$ of GDP | 0.0451 constant LCU per US$ of GDP | 0.0834 constant LCU per US$ of GDP | 5 |
Countries ranked near Venezuela
- 185 Turks and Caicos Islands 0.0913 constant LCU per US$ of GDP compare
- 186 Andorra 0.0886 constant LCU per US$ of GDP compare
- 187 Palau 0.0847 constant LCU per US$ of GDP compare
- 189 Cyprus 0.0804 constant LCU per US$ of GDP compare
- 190 Malta 0.0754 constant LCU per US$ of GDP compare
- 191 Montenegro 0.0711 constant LCU per US$ of GDP compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), per in Venezuela?
- Industry (including construction), value added (constant lcu), per in Venezuela was 0.0834 constant LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Venezuela?
- The highest recorded value was 1.07 constant LCU per US$ of GDP in 1968.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Venezuela?
- The lowest recorded value was 0.0451 constant LCU per US$ of GDP in 2010.
- How does Venezuela rank for industry (including construction), value added (constant lcu), per?
- Venezuela ranks 188th out of 198 countries with data for 2014.
- Is industry (including construction), value added (constant lcu), per rising or falling in Venezuela?
- Over the last ten years it is down 40.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.