Industry (including construction), value added in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Industry (including construction), value added was 0.0% in 2011. ◆ Volatile
Industry (including construction), value added in Venezuela, Bolivarian Republic of, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 0.0% 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, Bolivarian Republic of peaked at 58.3% in 1974 and was at its lowest, 0.0%, in 1991.
That places Venezuela, Bolivarian Republic of 209th out of 209 countries with data for 2011, 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 in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1968 | 44.6% | — |
| 1969 | 41.9% | -6.0% |
| 1970 | 41.6% | -0.8% |
| 1971 | 43.1% | +3.5% |
| 1972 | 43.2% | +0.2% |
| 1973 | 47.6% | +10.3% |
| 1974 | 58.3% | +22.4% |
| 1975 | 51.2% | -12.1% |
| 1976 | 51.2% | +0.1% |
| 1977 | 50.6% | -1.2% |
| 1978 | 49.6% | -2.1% |
| 1979 | 51.9% | +4.7% |
| 1980 | 51.2% | -1.4% |
| 1981 | 49.2% | -3.9% |
| 1982 | 45.6% | -7.2% |
| 1983 | 42.3% | -7.3% |
| 1984 | 46.8% | +10.5% |
| 1985 | 45.2% | -3.4% |
| 1986 | 47.4% | +4.8% |
| 1987 | 45.2% | -4.6% |
| 1988 | 48.7% | +7.7% |
| 1989 | 53.4% | +9.8% |
| 1990 | 57.7% | +8.1% |
| 1991 | 0.0% | -100.0% |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 43.3% | 41.9% | 44.6% | 2 |
| 1970s | 48.8% | 41.6% | 58.3% | 10 |
| 1980s | 47.5% | 42.3% | 53.4% | 10 |
| 1990s | 5.8% | 0.0% | 57.7% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
- 206 Macau, China 4.7% compare
- 207 Lebanon 2.6% compare
- 208 Sao Tome and Principe 2.2%
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -16.88 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0562 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 196.28 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -45.2 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 120.25 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -100 % change on previous year (1991)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per person (2011)
Frequently asked questions
- What is industry (including construction), value added in Venezuela, Bolivarian Republic of?
- Industry (including construction), value added in Venezuela, Bolivarian Republic of was 0.0% in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 58.3% in 1974.
- What is the lowest industry (including construction), value added recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela, Bolivarian Republic of rank for industry (including construction), value added?
- Venezuela, Bolivarian Republic of ranks 209th out of 209 countries with data for 2011.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.