Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 1,381 USD in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, value added deflator (manufacturing) — value us$, 2015 prices in Venezuela (Bolivarian Republic of) stood at 1,381 USD. That is the highest value across all 54 years on record.
That represents a change of up 73.4% on the previous year and up 1,450.2% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Venezuela (Bolivarian Republic of) peaked at 1,381 USD in 2023 and was at its lowest, 16.08 USD, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 16.08 USD | — |
| 1971 | 17.76 USD | +10.5% |
| 1972 | 18.48 USD | +4.1% |
| 1973 | 21.27 USD | +15.1% |
| 1974 | 32.44 USD | +52.5% |
| 1975 | 29.22 USD | -9.9% |
| 1976 | 31.79 USD | +8.8% |
| 1977 | 33.08 USD | +4.1% |
| 1978 | 33.88 USD | +2.4% |
| 1979 | 43.01 USD | +26.9% |
| 1980 | 49.77 USD | +15.7% |
| 1981 | 53.95 USD | +8.4% |
| 1982 | 56.05 USD | +3.9% |
| 1983 | 59.87 USD | +6.8% |
| 1984 | 48.05 USD | -19.8% |
| 1985 | 48.78 USD | +1.5% |
| 1986 | 47.07 USD | -3.5% |
| 1987 | 32.28 USD | -31.4% |
| 1988 | 37.75 USD | +17.0% |
| 1989 | 31.36 USD | -16.9% |
| 1990 | 32.55 USD | +3.8% |
| 1991 | 31.16 USD | -4.3% |
| 1992 | 32.8 USD | +5.3% |
| 1993 | 31.01 USD | -5.4% |
| 1994 | 30.38 USD | -2.0% |
| 1995 | 36.78 USD | +21.1% |
| 1996 | 35.91 USD | -2.4% |
| 1997 | 38.58 USD | +7.4% |
| 1998 | 37.59 USD | -2.5% |
| 1999 | 40.46 USD | +7.6% |
| 2000 | 48.34 USD | +19.5% |
| 2001 | 46.38 USD | -4.1% |
| 2002 | 39.32 USD | -15.2% |
| 2003 | 39.77 USD | +1.1% |
| 2004 | 41.55 USD | +4.5% |
| 2005 | 46.47 USD | +11.8% |
| 2006 | 50.36 USD | +8.4% |
| 2007 | 58.73 USD | +16.6% |
| 2008 | 83.19 USD | +41.6% |
| 2009 | 94.61 USD | +13.7% |
| 2010 | 105.08 USD | +11.1% |
| 2011 | 80.45 USD | -23.4% |
| 2012 | 94.76 USD | +17.8% |
| 2013 | 89.07 USD | -6.0% |
| 2014 | 96.11 USD | +7.9% |
| 2015 | 100 USD | +4.1% |
| 2016 | 121.75 USD | +21.8% |
| 2017 | 140.14 USD | +15.1% |
| 2018 | 141.22 USD | +0.8% |
| 2019 | 375.41 USD | +165.8% |
| 2020 | 273.06 USD | -27.3% |
| 2021 | 440.24 USD | +61.2% |
| 2022 | 796.45 USD | +80.9% |
| 2023 | 1,381 USD | +73.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.7 USD | 16.08 USD | 43.01 USD | 10 |
| 1980s | 46.49 USD | 31.36 USD | 59.87 USD | 10 |
| 1990s | 34.72 USD | 30.38 USD | 40.46 USD | 10 |
| 2000s | 54.87 USD | 39.32 USD | 94.61 USD | 10 |
| 2010s | 134.4 USD | 80.45 USD | 375.41 USD | 10 |
| 2020s | 722.63 USD | 273.06 USD | 1,381 USD | 4 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 1 Marshall Islands 366.26 USD compare
- 2 Cuba 311.17 USD compare
- 2 Syrian Arab Republic 206.05 USD compare
- 3 Bahamas 277.37 USD compare
- 3 Republic of Moldova 173.94 USD compare
- 4 Democratic Republic of the Congo 161.12 USD compare
- 4 Zimbabwe 267.29 USD compare
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 8.17 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -17.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Venezuela (Bolivarian Republic of)?
- Value added deflator (manufacturing) — value us$, 2015 prices in Venezuela (Bolivarian Republic of) was 1,381 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 1,381 USD in 2023.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 16.08 USD in 1970.
- How does Venezuela (Bolivarian Republic of) rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Venezuela (Bolivarian Republic of) ranks 1st out of 18 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 1,450.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).