Services, value added in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Services, value added was 0.0% in 2011. ◆ Volatile
Services, value added in Venezuela, Bolivarian Republic of, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2011, services, value added in Venezuela, Bolivarian Republic of stood at 0.0%. That is the lowest value across all 44 years on record.
Over the whole period, services, value added in Venezuela, Bolivarian Republic of peaked at 61.1% in 1983 and was at its lowest, 0.0%, in 1991.
That places Venezuela, Bolivarian Republic of 204th out of 204 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.
Services, value added in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1968 | 56.9% | — |
| 1969 | 60.5% | +6.3% |
| 1970 | 57.7% | -4.6% |
| 1971 | 58.3% | +1.0% |
| 1972 | 60.6% | +3.9% |
| 1973 | 57.1% | -5.8% |
| 1974 | 45.0% | -21.2% |
| 1975 | 53.5% | +18.9% |
| 1976 | 55.4% | +3.6% |
| 1977 | 57.3% | +3.4% |
| 1978 | 60.2% | +5.0% |
| 1979 | 54.9% | -8.7% |
| 1980 | 53.9% | -1.9% |
| 1981 | 56.2% | +4.3% |
| 1982 | 58.5% | +4.1% |
| 1983 | 61.1% | +4.5% |
| 1984 | 37.4% | -38.7% |
| 1985 | 38.1% | +1.9% |
| 1986 | 42.4% | +11.2% |
| 1987 | 38.8% | -8.6% |
| 1988 | 39.8% | +2.8% |
| 1989 | 34.3% | -13.9% |
| 1990 | 32.4% | -5.5% |
| 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 | 58.7% | 56.9% | 60.5% | 2 |
| 1970s | 56.0% | 45.0% | 60.6% | 10 |
| 1980s | 46.0% | 34.3% | 61.1% | 10 |
| 1990s | 3.2% | 0.0% | 32.4% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
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)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Venezuela, Bolivarian Republic of?
- Services, 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 services, value added recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 61.1% in 1983.
- What is the lowest services, 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 services, value added?
- Venezuela, Bolivarian Republic of ranks 204th out of 204 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 Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.