Manufacturing, value added in Venezuela

Venezuela: Manufacturing, value added was 0 current US$ in 2011. ◆ Volatile

Latest (2011)
0 current US$
World rank
204th
of 204 countries
All-time high
12.08 billion current US$
in 1983
All-time low
0 current US$
in 1991
Years of data
44
1968–2011

Manufacturing, value added in Venezuela, 1968–2011

02.5B5.0B7.5B10.0B12.5B1968198920111968: 1.7B current US$1969: 1.7B current US$1970: 2.0B current US$1971: 2.3B current US$1972: 2.5B current US$1973: 3.0B current US$1974: 5.1B current US$1975: 4.7B current US$1976: 5.7B current US$1977: 6.3B current US$1978: 6.8B current US$1979: 8.8B current US$1980: 10.4B current US$1981: 10.9B current US$1982: 11.8B current US$1983: 12.1B current US$1984: 9.7B current US$1985: 10.4B current US$1986: 11.5B current US$1987: 8.2B current US$1988: 10.3B current US$1989: 6.8B current US$1990: 6.9B current US$1991: 0 current US$1992: 0 current US$1993: 0 current US$1994: 0 current US$1995: 0 current US$1996: 0 current US$1997: 0 current US$1998: 0 current US$1999: 0 current US$2000: 0 current US$2001: 0 current US$2002: 0 current US$2003: 0 current US$2004: 0 current US$2005: 0 current US$2006: 0 current US$2007: 0 current US$2008: 0 current US$2009: 0 current US$2010: 0 current US$2011: 0 current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for manufacturing, value added in Venezuela is 0 current US$, measured in 2011. That is the lowest value across all 44 years on record.

Over the whole period, manufacturing, value added in Venezuela peaked at 12.08 billion current US$ in 1983 and was at its lowest, 0 current US$, in 1991.

Venezuela ranks 204th of 204 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

DecadeAverage LowestHighest Years
1960s 1.71 billion current US$ 1.68 billion current US$ 1.73 billion current US$ 2
1970s 4.72 billion current US$ 1.97 billion current US$ 8.81 billion current US$ 10
1980s 10.23 billion current US$ 6.80 billion current US$ 12.08 billion current US$ 10
1990s 692.23 million current US$ 0 current US$ 6.92 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

  1. 201 Palau 3.89 million current US$ compare
  2. 202 Micronesia (country) 2.41 million current US$ compare
  3. 203 Tuvalu 402,285 current US$ compare

See the full ranking of 251 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is manufacturing, value added in Venezuela?
Manufacturing, value added in Venezuela was 0 current US$ in 2011, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Venezuela?
The highest recorded value was 12.08 billion current US$ in 1983.
What is the lowest manufacturing, value added recorded in Venezuela?
The lowest recorded value was 0 current US$ in 1991.
How does Venezuela rank for manufacturing, value added?
Venezuela ranks 204th out of 204 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,059 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.