Manufacturing, value added in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Manufacturing, value added was 0.0% in 2011. ◆ Volatile
Manufacturing, 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 manufacturing, value added in 2011. That is the lowest value across all 44 years on record.
Over the whole period, manufacturing, value added in Venezuela, Bolivarian Republic of peaked at 19.6% in 1974 and was at its lowest, 0.0%, in 1991.
That places Venezuela, Bolivarian Republic of 205th out of 205 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.
Manufacturing, value added in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1968 | 16.8% | — |
| 1969 | 16.8% | -0.1% |
| 1970 | 17.0% | +1.3% |
| 1971 | 17.7% | +3.8% |
| 1972 | 17.6% | -0.5% |
| 1973 | 17.8% | +1.2% |
| 1974 | 19.6% | +10.4% |
| 1975 | 17.3% | -12.1% |
| 1976 | 18.3% | +5.9% |
| 1977 | 17.3% | -5.2% |
| 1978 | 17.2% | -0.9% |
| 1979 | 18.2% | +6.1% |
| 1980 | 17.7% | -3.1% |
| 1981 | 16.5% | -6.6% |
| 1982 | 17.5% | +5.8% |
| 1983 | 17.9% | +2.4% |
| 1984 | 16.2% | -9.2% |
| 1985 | 16.8% | +3.8% |
| 1986 | 19.0% | +12.8% |
| 1987 | 17.0% | -10.4% |
| 1988 | 17.1% | +0.6% |
| 1989 | 15.6% | -8.8% |
| 1990 | 14.2% | -8.9% |
| 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 | 16.8% | 16.8% | 16.8% | 2 |
| 1970s | 17.8% | 17.0% | 19.6% | 10 |
| 1980s | 17.1% | 15.6% | 19.0% | 10 |
| 1990s | 1.4% | 0.0% | 14.2% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
- 202 Micronesia, Federated States of 0.5% compare
- 203 Turks and Caicos Islands 0.4% compare
- 204 Bermuda 0.3% 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)
- 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 manufacturing, value added in Venezuela, Bolivarian Republic of?
- Manufacturing, 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 manufacturing, value added recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 19.6% in 1974.
- What is the lowest manufacturing, 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 manufacturing, value added?
- Venezuela, Bolivarian Republic of ranks 205th out of 205 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 Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
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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 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.