Textiles and clothing in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Textiles and clothing was 2.4% in 1998. ▼ Falling
Textiles and clothing in Venezuela, Bolivarian Republic of, 1963–1998
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 1998, textiles and clothing in Venezuela, Bolivarian Republic of stood at 2.4%. That is the lowest value across all 34 years on record.
The figure is down 17.5% on the previous year and down 74.1% over ten years.
Over the whole period, textiles and clothing in Venezuela, Bolivarian Republic of peaked at 13.5% in 1971 and was at its lowest, 2.4%, in 1998.
That places Venezuela, Bolivarian Republic of 101st out of 154 countries with data for 1998, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Textiles and clothing in Venezuela, Bolivarian Republic of, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 10.2% | — |
| 1965 | 10.9% | +6.2% |
| 1967 | 11.0% | +0.9% |
| 1968 | 10.8% | -1.3% |
| 1969 | 13.2% | +21.7% |
| 1970 | 13.2% | +0.0% |
| 1971 | 13.5% | +2.3% |
| 1972 | 12.9% | -4.2% |
| 1973 | 10.6% | -17.9% |
| 1974 | 12.0% | +12.7% |
| 1975 | 10.9% | -8.8% |
| 1976 | 8.9% | -18.8% |
| 1977 | 9.4% | +6.4% |
| 1978 | 9.7% | +2.5% |
| 1979 | 7.7% | -20.4% |
| 1980 | 7.1% | -7.3% |
| 1981 | 7.4% | +4.1% |
| 1982 | 7.8% | +5.5% |
| 1983 | 7.9% | +0.5% |
| 1984 | 7.6% | -3.2% |
| 1985 | 7.7% | +0.7% |
| 1986 | 8.4% | +9.2% |
| 1987 | 8.3% | -1.3% |
| 1988 | 9.3% | +12.0% |
| 1989 | 6.5% | -30.4% |
| 1990 | 4.8% | -26.2% |
| 1991 | 5.5% | +16.4% |
| 1992 | 5.2% | -5.5% |
| 1993 | 2.5% | -52.6% |
| 1994 | 4.6% | +84.7% |
| 1995 | 4.4% | -3.5% |
| 1996 | 4.9% | +11.8% |
| 1997 | 2.9% | -41.1% |
| 1998 | 2.4% | -17.5% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 2.4% is below the median for lower middle income countries, which is 7.0%, 34% of the median. (32 countries reporting)
- Venezuela, Bolivarian Republic of's 2.4% is below the median for Latin America & Caribbean, which is 4.6%, 52% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Textiles and clothing 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 |
|---|---|---|---|
| 1994 | +84.7% | 2.5% | 4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.2% | 10.2% | 13.2% | 5 |
| 1970s | 10.9% | 7.7% | 13.5% | 10 |
| 1980s | 7.8% | 6.5% | 9.3% | 10 |
| 1990s | 4.1% | 2.4% | 5.5% | 9 |
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)
- 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 textiles and clothing in Venezuela, Bolivarian Republic of?
- Textiles and clothing in Venezuela, Bolivarian Republic of was 2.4% in 1998, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest textiles and clothing recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 13.5% in 1971.
- What is the lowest textiles and clothing recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.4% in 1998.
- How does Venezuela, Bolivarian Republic of rank for textiles and clothing?
- Venezuela, Bolivarian Republic of ranks 101st out of 154 countries with data for 1998.
- Is textiles and clothing rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 74.1%. 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 Textiles and clothing (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
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About this data
Textiles and clothing refers to industries in ISIC (rev. 3) divisions 17-19 and includes manufacturing of textiles, apparel, dyeing of fur, and tanning of leather. 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).