Oman vs Venezuela: Industry (including construction), value added
Industry (including construction), value added over time
- Oman
- Venezuela
How they compare
Oman currently reports 20.57 billion constant LCU against 17.92 billion constant LCU in Venezuela, a difference of 2.64 billion constant LCU.
That makes Oman's figure about 1.1 times Venezuela's.
Across all 17 years both countries report, Venezuela has been ahead every year.
Globally, Oman ranks 134th 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.