Industry (including construction) … current LCU rate annual growth in Venezuela
Venezuela: Industry (including construction) … current LCU rate annual growth was -100 % change on previous year in 1991. ◆ Volatile
Industry (including construction), value added (current LCU), annual in Venezuela, 1969–1991
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded -100 % change on previous year for industry (including construction), value added (current lcu), annual in 1991. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 258.6% on the previous year and down 1,370.2% over ten years.
Over the whole period, industry (including construction), value added (current lcu), annual in Venezuela peaked at 89.92 % change on previous year in 1989 and was at its lowest, -100 % change on previous year, in 1991.
Venezuela ranks 207th of 207 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction) … current LCU rate annual growth in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | -3.68 % change on previous year | — |
| 1970 | 11.55 % change on previous year | -413.7% |
| 1971 | 13.68 % change on previous year | +18.4% |
| 1972 | 7.85 % change on previous year | -42.6% |
| 1973 | 31.35 % change on previous year | +299.4% |
| 1974 | 87.49 % change on previous year | +179.1% |
| 1975 | -7.55 % change on previous year | -108.6% |
| 1976 | 14.54 % change on previous year | -292.5% |
| 1977 | 13.88 % change on previous year | -4.5% |
| 1978 | 6.31 % change on previous year | -54.5% |
| 1979 | 28.59 % change on previous year | +352.8% |
| 1980 | 20.64 % change on previous year | -27.8% |
| 1981 | 7.87 % change on previous year | -61.9% |
| 1982 | -5.24 % change on previous year | -166.6% |
| 1983 | -7.51 % change on previous year | +43.2% |
| 1984 | 59.81 % change on previous year | -896.4% |
| 1985 | 6.9 % change on previous year | -88.5% |
| 1986 | 10.35 % change on previous year | +49.9% |
| 1987 | 35.77 % change on previous year | +245.7% |
| 1988 | 35.07 % change on previous year | -2.0% |
| 1989 | 89.92 % change on previous year | +156.4% |
| 1990 | 63.06 % change on previous year | -29.9% |
| 1991 | -100 % change on previous year | -258.6% |
Venezuela compared with similar countries
- Venezuela's -100 % change on previous year is below the median for lower middle income countries, which is 10.21 % change on previous year. (47 countries reporting)
- Venezuela's -100 % change on previous year is below the median for Latin America & Caribbean, which is 6.25 % change on previous year. (39 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current LCU rate annual growth in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +896.4% | -7.51 % change on previous year | 59.81 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -3.68 % change on previous year | -3.68 % change on previous year | -3.68 % change on previous year | 1 |
| 1970s | 20.77 % change on previous year | -7.55 % change on previous year | 87.49 % change on previous year | 10 |
| 1980s | 25.36 % change on previous year | -7.51 % change on previous year | 89.92 % change on previous year | 10 |
| 1990s | -18.47 % change on previous year | -100 % change on previous year | 63.06 % change on previous year | 2 |
Countries ranked near Venezuela
- 204 Equatorial Guinea -20.58 % change on previous year
- 205 South Sudan -25.6 % change on previous year
- 206 East Timor -55.57 % change on previous year
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 (current lcu), annual in Venezuela?
- Industry (including construction), value added (current lcu), annual in Venezuela was -100 % change on previous year in 1991, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), annual recorded in Venezuela?
- The highest recorded value was 89.92 % change on previous year in 1989.
- What is the lowest industry (including construction), value added (current lcu), annual recorded in Venezuela?
- The lowest recorded value was -100 % change on previous year in 1991.
- How does Venezuela rank for industry (including construction), value added (current lcu), annual?
- Venezuela ranks 207th out of 207 countries with data for 1991.
- Is industry (including construction), value added (current lcu), annual rising or falling in Venezuela?
- Over the last ten years it is down 1,370.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.