Industry (including construction), value added (current US$) in Venezuela
Venezuela: Industry (including construction), value added (current US$) was 0 current US$ in 2011. ◆ Volatile
Industry (including construction), value added in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Venezuela recorded 0 current US$ for industry (including construction), value added 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 32.62 billion current US$ in 1981 and was at its lowest, 0 current US$, in 1991.
Venezuela ranks 209th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Venezuela, year by year
| Year | current US$ | Change |
|---|---|---|
| 1968 | 4.48 billion current US$ | — |
| 1969 | 4.31 billion current US$ | -3.7% |
| 1970 | 4.81 billion current US$ | +11.5% |
| 1971 | 5.59 billion current US$ | +16.3% |
| 1972 | 6.03 billion current US$ | +7.9% |
| 1973 | 8.11 billion current US$ | +34.4% |
| 1974 | 15.21 billion current US$ | +87.5% |
| 1975 | 14.06 billion current US$ | -7.6% |
| 1976 | 16.10 billion current US$ | +14.5% |
| 1977 | 18.34 billion current US$ | +13.9% |
| 1978 | 19.49 billion current US$ | +6.3% |
| 1979 | 25.07 billion current US$ | +28.6% |
| 1980 | 30.24 billion current US$ | +20.6% |
| 1981 | 32.62 billion current US$ | +7.9% |
| 1982 | 30.91 billion current US$ | -5.2% |
| 1983 | 28.59 billion current US$ | -7.5% |
| 1984 | 28.00 billion current US$ | -2.1% |
| 1985 | 28.00 billion current US$ | +0.0% |
| 1986 | 28.67 billion current US$ | +2.4% |
| 1987 | 21.70 billion current US$ | -24.3% |
| 1988 | 29.31 billion current US$ | +35.1% |
| 1989 | 23.27 billion current US$ | -20.6% |
| 1990 | 28.07 billion current US$ | +20.6% |
| 1991 | 0 current US$ | -100.0% |
| 1992 | 0 current US$ | — |
| 1993 | 0 current US$ | — |
| 1994 | 0 current US$ | — |
| 1995 | 0 current US$ | — |
| 1996 | 0 current US$ | — |
| 1997 | 0 current US$ | — |
| 1998 | 0 current US$ | — |
| 1999 | 0 current US$ | — |
| 2000 | 0 current US$ | — |
| 2001 | 0 current US$ | — |
| 2002 | 0 current US$ | — |
| 2003 | 0 current US$ | — |
| 2004 | 0 current US$ | — |
| 2005 | 0 current US$ | — |
| 2006 | 0 current US$ | — |
| 2007 | 0 current US$ | — |
| 2008 | 0 current US$ | — |
| 2009 | 0 current US$ | — |
| 2010 | 0 current US$ | — |
| 2011 | 0 current US$ | — |
Venezuela compared with similar countries
- Venezuela's 0 current US$ is below the median for lower middle income countries, which is 7.20 billion current US$. (47 countries reporting)
- Venezuela's 0 current US$ is below the median for Latin America & Caribbean, which is 8.88 billion current US$. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.40 billion current US$ | 4.31 billion current US$ | 4.48 billion current US$ | 2 |
| 1970s | 13.28 billion current US$ | 4.81 billion current US$ | 25.07 billion current US$ | 10 |
| 1980s | 28.13 billion current US$ | 21.70 billion current US$ | 32.62 billion current US$ | 10 |
| 1990s | 2.81 billion current US$ | 0 current US$ | 28.07 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 0 current US$ | 0 current US$ | 0 current US$ | 2 |
Countries ranked near Venezuela
- 206 Micronesia (country) 26.47 million current US$ compare
- 207 Sao Tome and Principe 21.86 million current US$
- 208 Tuvalu 2.58 million current US$ 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 in Venezuela?
- Industry (including construction), value added in Venezuela was 0 current US$ 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 32.62 billion current US$ in 1981.
- What is the lowest industry (including construction), value added recorded in Venezuela?
- The lowest recorded value was 0 current US$ 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.