Machinery and transport equipment in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Machinery and transport equipment was 8.9% in 1997. ▼ Falling
Machinery and transport equipment in Venezuela, Bolivarian Republic of, 1963–1997
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Venezuela, Bolivarian Republic of is 8.9%, measured in 1997.
The figure is up 4.6% on the previous year and up 69.0% over ten years.
Over the whole period, machinery and transport equipment in Venezuela, Bolivarian Republic of peaked at 12.9% in 1963 and was at its lowest, 3.1%, in 1990.
Venezuela, Bolivarian Republic of ranks 70th of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Machinery and transport equipment in Venezuela, Bolivarian Republic of, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 12.9% | — |
| 1965 | 9.6% | -25.9% |
| 1967 | 10.1% | +6.0% |
| 1968 | 6.5% | -36.2% |
| 1969 | 6.8% | +4.5% |
| 1970 | 7.0% | +3.2% |
| 1971 | 6.4% | -7.8% |
| 1972 | 6.7% | +3.4% |
| 1973 | 7.6% | +13.4% |
| 1974 | 9.5% | +25.8% |
| 1975 | 6.8% | -28.3% |
| 1976 | 6.8% | -0.6% |
| 1977 | 7.3% | +8.5% |
| 1978 | 7.0% | -4.5% |
| 1979 | 6.2% | -11.6% |
| 1980 | 6.2% | -0.6% |
| 1981 | 7.2% | +16.4% |
| 1982 | 7.6% | +6.0% |
| 1983 | 6.1% | -19.7% |
| 1984 | 4.7% | -22.8% |
| 1985 | 5.2% | +9.6% |
| 1986 | 6.0% | +16.8% |
| 1987 | 5.3% | -12.3% |
| 1988 | 7.1% | +33.9% |
| 1989 | 4.1% | -42.0% |
| 1990 | 3.1% | -24.5% |
| 1991 | 6.3% | +102.3% |
| 1992 | 6.8% | +8.9% |
| 1993 | 8.3% | +21.3% |
| 1994 | 8.4% | +0.9% |
| 1995 | 8.7% | +3.7% |
| 1996 | 8.6% | -1.5% |
| 1997 | 8.9% | +4.6% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 8.9% is above the median for lower middle income countries, which is 4.0%, 2.2× the median. (30 countries reporting)
- Venezuela, Bolivarian Republic of's 8.9% is above the median for Latin America & Caribbean, which is 4.0%, 2.2× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment in Venezuela, Bolivarian Republic of 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 |
|---|---|---|---|
| 1991 | +102.3% | 3.1% | 6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.2% | 6.5% | 12.9% | 5 |
| 1970s | 7.1% | 6.2% | 9.5% | 10 |
| 1980s | 5.9% | 4.1% | 7.6% | 10 |
| 1990s | 7.4% | 3.1% | 8.9% | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
- 67 Montenegro 10.1%
- 68 Uzbekistan 9.6%
- 69 Bosnia and Herzegovina 9.0% compare
- 71 Papua New Guinea 8.8% compare
- 72 Azerbaijan 8.6%
- 73 Greece 8.4% compare
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)
- 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 machinery and transport equipment in Venezuela, Bolivarian Republic of?
- Machinery and transport equipment in Venezuela, Bolivarian Republic of was 8.9% in 1997, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 12.9% in 1963.
- What is the lowest machinery and transport equipment recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 3.1% in 1990.
- How does Venezuela, Bolivarian Republic of rank for machinery and transport equipment?
- Venezuela, Bolivarian Republic of ranks 70th out of 149 countries with data for 1997.
- Is machinery and transport equipment rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).