Azerbaijan vs Venezuela: Industry (including construction), value added
Industry (including construction), value added over time
- Azerbaijan
- Venezuela
How they compare
Venezuela currently reports 17.92 billion constant LCU against 16.50 billion constant LCU in Azerbaijan, a difference of 1.42 billion constant LCU.
That makes Venezuela's figure about 1.1 times Azerbaijan's.
The two have swapped places 3 times across 23 shared years of data; in 1992 it was Venezuela ahead.
Globally, Azerbaijan ranks 138th and Venezuela ranks 137th of 199 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.