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 184,966 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Venezuela (Bolivarian Republic of), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Venezuela (Bolivarian Republic of) stood at 184,966 million SLC. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 356.8% on the previous year and up 6,165,530,000,000.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Venezuela (Bolivarian Republic of) peaked at 184,966 million SLC in 2023 and was at its lowest, 0 million SLC, in 1970.
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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0 million SLC | — |
| 1971 | 0 million SLC | — |
| 1972 | 0 million SLC | — |
| 1973 | 0 million SLC | — |
| 1974 | 0 million SLC | — |
| 1975 | 0 million SLC | — |
| 1976 | 0 million SLC | — |
| 1977 | 0 million SLC | — |
| 1978 | 0 million SLC | — |
| 1979 | 0 million SLC | — |
| 1980 | 0 million SLC | — |
| 1981 | 0 million SLC | — |
| 1982 | 0 million SLC | — |
| 1983 | 0 million SLC | — |
| 1984 | 0 million SLC | — |
| 1985 | 0 million SLC | — |
| 1986 | 0 million SLC | — |
| 1987 | 0 million SLC | — |
| 1988 | 0 million SLC | — |
| 1989 | 0 million SLC | — |
| 1990 | 0 million SLC | — |
| 1991 | 0 million SLC | — |
| 1992 | 0 million SLC | — |
| 1993 | 0 million SLC | — |
| 1994 | 0 million SLC | — |
| 1995 | 0 million SLC | — |
| 1996 | 0 million SLC | — |
| 1997 | 0 million SLC | — |
| 1998 | 0 million SLC | — |
| 1999 | 0 million SLC | — |
| 2000 | 0 million SLC | — |
| 2001 | 0 million SLC | — |
| 2002 | 0 million SLC | — |
| 2003 | 0 million SLC | — |
| 2004 | 0 million SLC | — |
| 2005 | 0 million SLC | — |
| 2006 | 0 million SLC | — |
| 2007 | 0 million SLC | +0.0% |
| 2008 | 0 million SLC | +0.0% |
| 2009 | 0 million SLC | +0.0% |
| 2010 | 0 million SLC | +0.0% |
| 2011 | 0 million SLC | +100.0% |
| 2012 | 0 million SLC | +0.0% |
| 2013 | 0 million SLC | +50.0% |
| 2014 | 0 million SLC | +33.3% |
| 2015 | 0 million SLC | +150.0% |
| 2016 | 0 million SLC | +300.0% |
| 2017 | 0.0003 million SLC | +617.5% |
| 2018 | 0.3047 million SLC | +106069.0% |
| 2019 | 85.66 million SLC | +28013.0% |
| 2020 | 878.39 million SLC | +925.4% |
| 2021 | 11,736 million SLC | +1236.0% |
| 2022 | 40,490 million SLC | +245.0% |
| 2023 | 184,966 million SLC | +356.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 1980s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 1990s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 2000s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 2010s | 8.6 million SLC | 0 million SLC | 85.66 million SLC | 10 |
| 2020s | 59,518 million SLC | 878.39 million SLC | 184,966 million SLC | 4 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 6 Japan 118.41 million million SLC compare
- 6 Syrian Arab Republic 6.02 million million SLC compare
- 7 Paraguay 60.84 million million SLC compare
- 7 Türkiye 5.19 million million SLC compare
- 8 Cambodia 45.64 million million SLC compare
- 8 Democratic People's Republic of Korea 391,274 million SLC compare
- 9 India 38.20 million million SLC compare
- 10 Bolivia (Plurinational State of) 31,768 million SLC compare
- 10 Nigeria 36.02 million million SLC compare
- 11 Myanmar 35.08 million million SLC compare
- 11 Republic of Moldova 29,043 million SLC compare
- 12 China, mainland 33.87 million million SLC compare
- 12 Timor-Leste 34.21 million SLC 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 (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 184,966 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 184,966 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 0 million SLC in 1970.
- How does Venezuela (Bolivarian Republic of) rank for value added (total manufacturing) — value standard local currency?
- Venezuela (Bolivarian Republic of) ranks 9th out of 13 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 6,165,530,000,000.0%. 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 (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).