Venezuela - Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Venezuela was 365,973,000,000 as of 2014. As the graph below shows, over the past 46 years this indicator reached a maximum value of 365,973,000,000 in 2014 and a minimum value of 7,581,500 in 1968.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 7,581,500
1969 7,765,500
1970 8,846,700
1971 10,087,800
1972 10,806,600
1973 13,031,000
1974 22,046,200
1975 20,398,000
1976 24,706,300
1977 27,003,700
1978 29,045,600
1979 37,878,600
1980 44,918,700
1981 47,076,500
1982 50,859,200
1983 51,949,900
1984 68,175,600
1985 78,269,500
1986 92,960,000
1987 118,609,500
1988 149,666,500
1989 236,013,300
1990 324,598,400
1991 447,282,800
1992 584,798,100
1993 756,642,100
1994 1,176,195,000
1995 1,886,619,000
1996 3,658,187,000
1997 8,861,713,000
1998 9,516,433,000
1999 10,501,320,000
2000 14,759,430,000
2001 15,111,260,000
2002 17,727,410,000
2003 22,977,280,000
2004 35,002,850,000
2005 45,850,410,000
2006 54,789,510,000
2007 65,962,310,000
2008 87,000,220,000
2009 96,363,590,000
2010 120,998,000,000
2011 158,083,000,000
2012 192,453,000,000
2013 258,593,000,000
2014 365,973,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts