Manufacturing, value added in Venezuela
Venezuela: Manufacturing, value added was 0 current US$ in 2011. ◆ Volatile
Manufacturing, value added in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Venezuela is 0 current US$, measured in 2011. That is the lowest value across all 44 years on record.
Over the whole period, manufacturing, value added in Venezuela peaked at 12.08 billion current US$ in 1983 and was at its lowest, 0 current US$, in 1991.
Venezuela ranks 202nd of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.71 billion current US$ | 1.68 billion current US$ | 1.73 billion current US$ | 2 |
| 1970s | 4.72 billion current US$ | 1.97 billion current US$ | 8.81 billion current US$ | 10 |
| 1980s | 10.23 billion current US$ | 6.80 billion current US$ | 12.08 billion current US$ | 10 |
| 1990s | 692.23 million current US$ | 0 current US$ | 6.92 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
More economy & growth data for Venezuela
- External balance on goods and services as a percent of GDP 4.8% (2025)
- Inflation of consumer prices 254.9% (2016)
- GDP per capita 1,519 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 0.0% (2011)
- Gross domestic product (GDP) 43.31 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,519 constant 2015 US$ (2025)
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
Frequently asked questions
- What is manufacturing, value added in Venezuela?
- Manufacturing, value added in Venezuela was 0 current US$ in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Venezuela?
- The highest recorded value was 12.08 billion current US$ in 1983.
- What is the lowest manufacturing, value added recorded in Venezuela?
- The lowest recorded value was 0 current US$ in 1991.
- How does Venezuela rank for manufacturing, value added?
- Venezuela ranks 202nd out of 202 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 Manufacturing, value added (current US$). 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
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.