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Medium and high-tech manufacturing value added in Venezuela

Venezuela: Medium and high-tech manufacturing value added was 34.3% in 2022. ▲ Rising

Latest (2022)
34.3%
Change on year
unchanged
World rank
43rd
of 153 countries
All-time high
34.3%
in 1998
All-time low
14.5%
in 1990
Years of data
33
1990–2022

Medium and high-tech manufacturing value added in Venezuela, 1990–2022

01020301990200620221990: 14.5 % manufacturing value added1991: 21.7 % manufacturing value added1992: 22 % manufacturing value added1993: 21.9 % manufacturing value added1994: 21.8 % manufacturing value added1995: 23.2 % manufacturing value added1996: 23.6 % manufacturing value added1997: 21.9 % manufacturing value added1998: 34.3 % manufacturing value added1999: 34.3 % manufacturing value added2000: 34.3 % manufacturing value added2001: 34.3 % manufacturing value added2002: 34.3 % manufacturing value added2003: 34.3 % manufacturing value added2004: 34.3 % manufacturing value added2005: 34.3 % manufacturing value added2006: 34.3 % manufacturing value added2007: 34.3 % manufacturing value added2008: 34.3 % manufacturing value added2009: 34.3 % manufacturing value added2010: 34.3 % manufacturing value added2011: 34.3 % manufacturing value added2012: 34.3 % manufacturing value added2013: 34.3 % manufacturing value added2014: 34.3 % manufacturing value added2015: 34.3 % manufacturing value added2016: 34.3 % manufacturing value added2017: 34.3 % manufacturing value added2018: 34.3 % manufacturing value added2019: 34.3 % manufacturing value added2020: 34.3 % manufacturing value added2021: 34.3 % manufacturing value added2022: 34.3 % manufacturing value added

Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.

Analysis

Venezuela recorded 34.3% for medium and high-tech manufacturing value added in 2022. That is the highest value across all 33 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, medium and high-tech manufacturing value added in Venezuela peaked at 34.3% in 1998 and was at its lowest, 14.5%, in 1990.

Venezuela ranks 43rd of 153 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.9% 14.5% 34.3% 10
2000s 34.3% 34.3% 34.3% 10
2010s 34.3% 34.3% 34.3% 10
2020s 34.3% 34.3% 34.3% 3

Countries ranked near Venezuela

  1. 40 Iran 36.4% compare
  2. 41 Lithuania 35.7% compare
  3. 42 Russia 34.9% compare
  4. 44 Turkey 33.8% compare
  5. 45 Nigeria 33.4% compare
  6. 46 Poland 33.0% compare

See the full ranking of 153 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is medium and high-tech manufacturing value added in Venezuela?
Medium and high-tech manufacturing value added in Venezuela was 34.3% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
What is the highest medium and high-tech manufacturing value added recorded in Venezuela?
The highest recorded value was 34.3% in 1998.
What is the lowest medium and high-tech manufacturing value added recorded in Venezuela?
The lowest recorded value was 14.5% in 1990.
How does Venezuela rank for medium and high-tech manufacturing value added?
Venezuela ranks 43rd out of 153 countries with data for 2022.
Is medium and high-tech manufacturing value added rising or falling in Venezuela?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Medium and high-tech manufacturing value added (% manufacturing value added)
Unit
% manufacturing value added
Source
Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 5,048 data points, 1990–2022
Last refreshed

The proportion of medium and high-tech industry value added in total value added of manufacturing