Industry (including construction), value added in Venezuela
Venezuela: Industry (including construction), value added was 0 current LCU in 2011. ◆ Volatile
Industry (including construction), value added in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for industry (including construction), value added in Venezuela is 0 current LCU, measured in 2011. That is the lowest value across all 44 years on record.
Over the whole period, industry (including construction), value added in Venezuela peaked at 0.0132 current LCU in 1990 and was at its lowest, 0 current LCU, in 1991.
Venezuela ranks 209th of 209 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), value added in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 0.0002 current LCU | — |
| 1969 | 0.0002 current LCU | -3.7% |
| 1970 | 0.0002 current LCU | +11.6% |
| 1971 | 0.0002 current LCU | +13.7% |
| 1972 | 0.0003 current LCU | +7.9% |
| 1973 | 0.0003 current LCU | +31.4% |
| 1974 | 0.0007 current LCU | +87.5% |
| 1975 | 0.0006 current LCU | -7.6% |
| 1976 | 0.0007 current LCU | +14.5% |
| 1977 | 0.0008 current LCU | +13.9% |
| 1978 | 0.0008 current LCU | +6.3% |
| 1979 | 0.0011 current LCU | +28.6% |
| 1980 | 0.0013 current LCU | +20.6% |
| 1981 | 0.0014 current LCU | +7.9% |
| 1982 | 0.0013 current LCU | -5.2% |
| 1983 | 0.0012 current LCU | -7.5% |
| 1984 | 0.002 current LCU | +59.8% |
| 1985 | 0.0021 current LCU | +6.9% |
| 1986 | 0.0023 current LCU | +10.3% |
| 1987 | 0.0031 current LCU | +35.8% |
| 1988 | 0.0043 current LCU | +35.1% |
| 1989 | 0.0081 current LCU | +89.9% |
| 1990 | 0.0132 current LCU | +63.1% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 0 current LCU | — |
| 1997 | 0 current LCU | — |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
Venezuela compared with similar countries
- Venezuela's 0 current LCU is below the median for lower middle income countries, which is 522.90 billion current LCU. (47 countries reporting)
- Venezuela's 0 current LCU is below the median for Latin America & Caribbean, which is 59.94 billion current LCU. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0002 current LCU | 0.0002 current LCU | 0.0002 current LCU | 2 |
| 1970s | 0.0006 current LCU | 0.0002 current LCU | 0.0011 current LCU | 10 |
| 1980s | 0.0027 current LCU | 0.0012 current LCU | 0.0081 current LCU | 10 |
| 1990s | 0.0013 current LCU | 0 current LCU | 0.0132 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 0 current LCU | 0 current LCU | 0 current LCU | 2 |
Countries ranked near Venezuela
- 206 Marshall Islands 38.23 million current LCU compare
- 207 Micronesia (country) 26.47 million current LCU compare
- 208 Tuvalu 3.44 million current LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is industry (including construction), value added in Venezuela?
- Industry (including construction), value added in Venezuela was 0 current LCU in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Venezuela?
- The highest recorded value was 0.0132 current LCU in 1990.
- What is the lowest industry (including construction), value added recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1991.
- How does Venezuela rank for industry (including construction), value added?
- Venezuela ranks 209th out of 209 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.