Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of)

Venezuela (Bolivarian Republic of): Value Added (Total Manufacturing) — Value Standard Local Currency was 356.82 % change on previous year in 2023. ◆ Volatile

Latest (2023)
356.82 % change on previous year
Change on year
up 45.6%
World rank
1st
of 231 countries
All-time high
925.42 % change on previous year
in 2020
All-time low
0 % change on previous year
in 2007
Years of data
14
2007–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of), 2007–2023

02004006008001.0k2007201520232007: 0 % change on previous year2008: 0 % change on previous year2009: 0 % change on previous year2010: 0 % change on previous year2011: 100 % change on previous year2012: 0 % change on previous year2013: 50 % change on previous year2014: 33.3 % change on previous year2015: 150 % change on previous year2016: 300 % change on previous year2017: 617.5 % change on previous year2020: 925.4 % change on previous year2022: 245 % change on previous year2023: 356.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Venezuela (Bolivarian Republic of) recorded 356.82 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

That represents a change of up 45.6% on the previous year and up 613.6% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Venezuela (Bolivarian Republic of) peaked at 925.42 % change on previous year in 2020 and was at its lowest, 0 % change on previous year, in 2007.

Venezuela (Bolivarian Republic of) ranks 1st of 231 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of), year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Venezuela (Bolivarian Republic of), 2007 to 2023.
Year % change on previous year Change
2007 0 % change on previous year —
2008 0 % change on previous year —
2009 0 % change on previous year —
2010 0 % change on previous year —
2011 100 % change on previous year —
2012 0 % change on previous year -100.0%
2013 50 % change on previous year —
2014 33.33 % change on previous year -33.3%
2015 150 % change on previous year +350.0%
2016 300 % change on previous year +100.0%
2017 617.5 % change on previous year +105.8%
2020 925.42 % change on previous year +49.9%
2022 245.02 % change on previous year -73.5%
2023 356.82 % change on previous year +45.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0 % change on previous year 0 % change on previous year 0 % change on previous year 3
2010s 156.35 % change on previous year 0 % change on previous year 617.5 % change on previous year 8
2020s 509.09 % change on previous year 245.02 % change on previous year 925.42 % change on previous year 3

Countries ranked near Venezuela (Bolivarian Republic of)

  1. 2 Syria 247.13 % change on previous year compare
  2. 2 Syrian Arab Republic 247.13 % change on previous year compare
  3. 4 Yugoslav SFR 224 % change on previous year

See the full ranking of 232 places →

More economy & growth data for Venezuela (Bolivarian Republic of)

All data for Venezuela (Bolivarian Republic of) →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Venezuela (Bolivarian Republic of)?
Value added (total manufacturing) — value standard local currency in Venezuela (Bolivarian Republic of) was 356.82 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
The highest recorded value was 925.42 % change on previous year in 2020.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
The lowest recorded value was 0 % change on previous year in 2007.
How does Venezuela (Bolivarian Republic of) rank for value added (total manufacturing) — value standard local currency?
Venezuela (Bolivarian Republic of) ranks 1st out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Venezuela (Bolivarian Republic of)?
Over the last ten years it is up 613.6%. The long-run trend across the full record is volatile.
Where does this Venezuela (Bolivarian Republic of) data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of). Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/venezuela-bolivarian-republic-of/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/venezuela-bolivarian-republic-of/">Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of)</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.