Share of manufacturing in gross domestic product (GDP) in Venezuela
Venezuela: Share of manufacturing in gross domestic product (GDP) was 0.0% in 2011. ◆ Volatile
Share of manufacturing in gross domestic product (GDP) in Venezuela, 1968–2011
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Venezuela recorded 0.0% for share of manufacturing in gross domestic product (gdp) in 2011. That is the lowest value across all 44 years on record.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Venezuela peaked at 19.6% in 1974 and was at its lowest, 0.0%, in 1991.
That places Venezuela 202nd out of 202 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.
Share of manufacturing in gross domestic product (GDP) in Venezuela, 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% | — |
Venezuela compared with similar countries
- Venezuela's 0.0% is below the median for lower middle income countries, which is 11.4%. (47 countries reporting)
- Venezuela's 0.0% is below the median for Latin America & Caribbean, which is 9.9%. (39 countries reporting)
Biggest year-on-year movements
Years where Share of manufacturing in gross domestic product (GDP) in Venezuela 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 | -100.0% | 14.2% | 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
- 199 Micronesia (country) 0.5% compare
- 200 Turks and Caicos Islands 0.4% compare
- 201 Bermuda 0.3% 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)
- 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 share of manufacturing in gross domestic product (gdp) in Venezuela?
- Share of manufacturing in gross domestic product (gdp) in Venezuela was 0.0% in 2011, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Venezuela?
- The highest recorded value was 19.6% in 1974.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Venezuela?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela rank for share of manufacturing in gross domestic product (gdp)?
- Venezuela ranks 202nd out of 202 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.