Venezuela - Industry
Industry, value added (current US$)
The latest value for Industry, value added (current US$) in Venezuela was $179,653,000,000 as of 2014. Over the past 46 years, the value for this indicator has fluctuated between $190,339,000,000 in 2010 and $4,314,156,000 in 1969.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1968 | $4,479,067,000 |
| 1969 | $4,314,156,000 |
| 1970 | $4,812,445,000 |
| 1971 | $5,595,000,000 |
| 1972 | $6,034,227,000 |
| 1973 | $8,110,326,000 |
| 1974 | $15,205,770,000 |
| 1975 | $14,057,070,000 |
| 1976 | $16,100,950,000 |
| 1977 | $18,336,490,000 |
| 1978 | $19,494,280,000 |
| 1979 | $25,068,320,000 |
| 1980 | $30,243,650,000 |
| 1981 | $32,624,650,000 |
| 1982 | $30,913,880,000 |
| 1983 | $28,592,560,000 |
| 1984 | $28,068,340,000 |
| 1985 | $28,004,890,000 |
| 1986 | $28,613,460,000 |
| 1987 | $21,702,040,000 |
| 1988 | $29,312,210,000 |
| 1989 | $23,262,550,000 |
| 1990 | $28,064,270,000 |
| 1991 | $28,606,040,000 |
| 1992 | $31,100,880,000 |
| 1993 | $29,228,300,000 |
| 1994 | $23,874,190,000 |
| 1995 | $29,144,900,000 |
| 1996 | $31,574,230,000 |
| 1997 | $39,791,560,000 |
| 1998 | $37,056,800,000 |
| 1999 | $41,092,150,000 |
| 2000 | $54,358,970,000 |
| 2001 | $52,738,450,000 |
| 2002 | $43,339,480,000 |
| 2003 | $40,841,740,000 |
| 2004 | $57,478,830,000 |
| 2005 | $77,248,930,000 |
| 2006 | $95,275,590,000 |
| 2007 | $113,530,000,000 |
| 2008 | $159,912,000,000 |
| 2009 | $134,593,000,000 |
| 2010 | $190,339,000,000 |
| 2011 | $153,912,000,000 |
| 2012 | $172,190,000,000 |
| 2013 | $165,936,000,000 |
| 2014 | $179,653,000,000 |
Industry, value added (current LCU)
The value for Industry, value added (current LCU) in Venezuela was 1,128,980,000,000 as of 2014. As the graph below shows, over the past 46 years this indicator reached a maximum value of 1,128,980,000,000 in 2014 and a minimum value of 19,413,700 in 1969.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 | 20,155,800 |
| 1969 | 19,413,700 |
| 1970 | 21,656,000 |
| 1971 | 24,618,000 |
| 1972 | 26,550,600 |
| 1973 | 34,874,400 |
| 1974 | 65,384,800 |
| 1975 | 60,445,400 |
| 1976 | 69,234,100 |
| 1977 | 78,846,900 |
| 1978 | 83,825,400 |
| 1979 | 107,793,800 |
| 1980 | 130,047,700 |
| 1981 | 140,286,000 |
| 1982 | 132,929,700 |
| 1983 | 122,948,000 |
| 1984 | 196,478,400 |
| 1985 | 210,036,700 |
| 1986 | 231,769,000 |
| 1987 | 314,679,600 |
| 1988 | 425,027,000 |
| 1989 | 807,210,500 |
| 1990 | 1,316,215,000 |
| 1991 | 1,624,823,000 |
| 1992 | 2,127,301,000 |
| 1993 | 2,653,930,000 |
| 1994 | 3,545,317,000 |
| 1995 | 5,152,819,000 |
| 1996 | 13,175,930,000 |
| 1997 | 19,442,160,000 |
| 1998 | 20,292,300,000 |
| 1999 | 24,889,520,000 |
| 2000 | 36,964,100,000 |
| 2001 | 38,166,810,000 |
| 2002 | 50,312,800,000 |
| 2003 | 65,559,170,000 |
| 2004 | 108,710,000,000 |
| 2005 | 161,435,000,000 |
| 2006 | 204,557,000,000 |
| 2007 | 243,749,000,000 |
| 2008 | 342,947,000,000 |
| 2009 | 288,649,000,000 |
| 2010 | 492,235,000,000 |
| 2011 | 660,175,000,000 |
| 2012 | 738,573,000,000 |
| 2013 | 1,004,480,000,000 |
| 2014 | 1,128,980,000,000 |
Industry, value added (annual % growth)
The value for Industry, value added (annual % growth) in Venezuela was -5.84 as of 2014. As the graph below shows, over the past 45 years this indicator reached a maximum value of 17.61 in 2004 and a minimum value of -11.82 in 2002.
Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1969 | -3.91 |
| 1970 | 12.87 |
| 1971 | -0.80 |
| 1972 | -1.68 |
| 1973 | 7.78 |
| 1974 | -3.68 |
| 1975 | -7.69 |
| 1976 | 5.87 |
| 1977 | 4.14 |
| 1978 | 4.02 |
| 1979 | 2.06 |
| 1980 | -5.09 |
| 1981 | -1.91 |
| 1982 | -4.21 |
| 1983 | -8.22 |
| 1984 | 14.31 |
| 1985 | -1.03 |
| 1986 | 7.56 |
| 1987 | 3.82 |
| 1988 | 6.41 |
| 1989 | -9.56 |
| 1990 | 10.33 |
| 1991 | 11.43 |
| 1992 | 6.33 |
| 1993 | 2.08 |
| 1994 | -1.33 |
| 1995 | 5.39 |
| 1996 | 2.29 |
| 1997 | -2.40 |
| 1998 | -0.31 |
| 1999 | -8.35 |
| 2000 | 3.83 |
| 2001 | 3.20 |
| 2002 | -11.82 |
| 2003 | -9.79 |
| 2004 | 17.61 |
| 2005 | 6.79 |
| 2006 | 7.07 |
| 2007 | 4.13 |
| 2008 | 3.68 |
| 2009 | -4.96 |
| 2010 | -3.36 |
| 2011 | 3.05 |
| 2012 | 4.67 |
| 2013 | -0.42 |
| 2014 | -5.84 |
Industry, value added (constant LCU)
The value for Industry, value added (constant LCU) in Venezuela was 20,421,360,000 as of 2014. As the graph below shows, over the past 46 years this indicator reached a maximum value of 21,984,150,000 in 2008 and a minimum value of 11,417,050,000 in 1969.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1968 | 11,881,720,000 |
| 1969 | 11,417,050,000 |
| 1970 | 12,886,700,000 |
| 1971 | 12,783,760,000 |
| 1972 | 12,569,000,000 |
| 1973 | 13,547,430,000 |
| 1974 | 13,048,930,000 |
| 1975 | 12,045,350,000 |
| 1976 | 12,752,760,000 |
| 1977 | 13,280,930,000 |
| 1978 | 13,815,090,000 |
| 1979 | 14,099,870,000 |
| 1980 | 13,382,240,000 |
| 1981 | 13,127,210,000 |
| 1982 | 12,575,170,000 |
| 1983 | 11,541,650,000 |
| 1984 | 13,193,040,000 |
| 1985 | 13,057,700,000 |
| 1986 | 14,045,450,000 |
| 1987 | 14,581,860,000 |
| 1988 | 15,517,110,000 |
| 1989 | 14,033,180,000 |
| 1990 | 15,482,880,000 |
| 1991 | 17,253,110,000 |
| 1992 | 18,345,030,000 |
| 1993 | 18,725,810,000 |
| 1994 | 18,477,300,000 |
| 1995 | 19,473,980,000 |
| 1996 | 19,920,860,000 |
| 1997 | 19,442,160,000 |
| 1998 | 19,382,110,000 |
| 1999 | 17,763,480,000 |
| 2000 | 18,444,410,000 |
| 2001 | 19,034,700,000 |
| 2002 | 16,784,800,000 |
| 2003 | 15,141,180,000 |
| 2004 | 17,806,970,000 |
| 2005 | 19,016,860,000 |
| 2006 | 20,362,020,000 |
| 2007 | 21,203,960,000 |
| 2008 | 21,984,150,000 |
| 2009 | 20,893,800,000 |
| 2010 | 20,192,010,000 |
| 2011 | 20,808,340,000 |
| 2012 | 21,779,120,000 |
| 2013 | 21,688,510,000 |
| 2014 | 20,421,360,000 |
Industry, value added (% of GDP)
Industry, value added (% of GDP) in Venezuela was 37.24 as of 2014. Its highest value over the past 46 years was 58.26 in 1974, while its lowest value was 37.24 in 2014.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1968 | 44.64 |
| 1969 | 41.95 |
| 1970 | 41.63 |
| 1971 | 43.08 |
| 1972 | 43.17 |
| 1973 | 47.61 |
| 1974 | 58.26 |
| 1975 | 51.18 |
| 1976 | 51.25 |
| 1977 | 50.64 |
| 1978 | 49.58 |
| 1979 | 51.89 |
| 1980 | 51.16 |
| 1981 | 49.19 |
| 1982 | 45.64 |
| 1983 | 42.32 |
| 1984 | 46.77 |
| 1985 | 45.19 |
| 1986 | 47.38 |
| 1987 | 45.19 |
| 1988 | 48.67 |
| 1989 | 53.44 |
| 1990 | 57.75 |
| 1991 | 53.49 |
| 1992 | 51.49 |
| 1993 | 48.66 |
| 1994 | 40.87 |
| 1995 | 37.65 |
| 1996 | 44.76 |
| 1997 | 46.35 |
| 1998 | 40.57 |
| 1999 | 41.94 |
| 2000 | 46.40 |
| 2001 | 42.91 |
| 2002 | 46.65 |
| 2003 | 48.84 |
| 2004 | 51.11 |
| 2005 | 53.09 |
| 2006 | 51.93 |
| 2007 | 49.28 |
| 2008 | 50.61 |
| 2009 | 40.81 |
| 2010 | 48.41 |
| 2011 | 48.63 |
| 2012 | 45.16 |
| 2013 | 44.73 |
| 2014 | 37.24 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
