Industry (including construction), value added in Venezuela
Venezuela: Industry (including construction), value added was 0 current US$ in 2011. ◆ Volatile
Industry (including construction), value added in Venezuela, 1968–2011
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Venezuela recorded 0 current US$ for industry (including construction), value added in 2011. That is the lowest value across all 44 years on record.
Over the whole period, industry (including construction), value added in Venezuela peaked at 32.62 billion current US$ in 1981 and was at its lowest, 0 current US$, in 1991.
Venezuela ranks 208th of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.40 billion current US$ | 4.31 billion current US$ | 4.48 billion current US$ | 2 |
| 1970s | 13.28 billion current US$ | 4.81 billion current US$ | 25.07 billion current US$ | 10 |
| 1980s | 28.13 billion current US$ | 21.70 billion current US$ | 32.62 billion current US$ | 10 |
| 1990s | 2.81 billion current US$ | 0 current US$ | 28.07 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 0 current US$ | 0 current US$ | 0 current US$ | 2 |
Countries ranked near Venezuela
- 205 Micronesia (country) 26.47 million current US$ compare
- 206 Sao Tome and Principe 21.86 million current US$ compare
- 207 Tuvalu 2.58 million current US$ compare
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Venezuela?
- Industry (including construction), value added in Venezuela was 0 current US$ in 2011, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Venezuela?
- The highest recorded value was 32.62 billion current US$ in 1981.
- What is the lowest industry (including construction), value added recorded in Venezuela?
- The lowest recorded value was 0 current US$ in 1991.
- How does Venezuela rank for industry (including construction), value added?
- Venezuela ranks 208th out of 208 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.