Venezuela - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Venezuela was $58,236,960,000 as of 2014. Over the past 46 years, the value for this indicator has fluctuated between $58,236,960,000 in 2014 and $1,684,778,000 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 U.S. dollars.

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

See also:

Year Value
1968 $1,684,778,000
1969 $1,725,667,000
1970 $1,965,933,000
1971 $2,292,682,000
1972 $2,456,046,000
1973 $3,030,465,000
1974 $5,127,023,000
1975 $4,743,721,000
1976 $5,745,651,000
1977 $6,279,930,000
1978 $6,754,791,000
1979 $8,808,976,000
1980 $10,446,210,000
1981 $10,948,020,000
1982 $11,827,720,000
1983 $12,081,370,000
1984 $9,739,372,000
1985 $10,435,930,000
1986 $11,476,540,000
1987 $8,179,965,000
1988 $10,321,830,000
1989 $6,801,536,000
1990 $6,921,075,000
1991 $7,874,697,000
1992 $8,549,680,000
1993 $8,333,063,000
1994 $7,920,504,000
1995 $10,670,920,000
1996 $8,766,324,000
1997 $18,136,950,000
1998 $17,378,440,000
1999 $17,337,490,000
2000 $21,705,040,000
2001 $20,880,560,000
2002 $15,270,400,000
2003 $14,314,280,000
2004 $18,507,300,000
2005 $21,940,090,000
2006 $25,519,100,000
2007 $30,723,010,000
2008 $40,567,110,000
2009 $44,933,130,000
2010 $46,788,000,000
2011 $36,855,110,000
2012 $44,868,260,000
2013 $42,718,680,000
2014 $58,236,960,000

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

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Venezuela was -7.22 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 42.50 in 1997 and a minimum value of -14.62 in 1989.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 6.26
1962 9.45
1963 5.72
1964 12.02
1965 7.07
1966 1.17
1967 3.78
1968 6.79
1969 2.71
1970 12.69
1971 4.20
1972 4.96
1973 7.90
1974 6.69
1975 3.73
1976 12.57
1977 3.67
1978 5.18
1979 2.74
1980 2.61
1981 -2.36
1982 3.69
1983 -4.70
1984 -0.10
1985 4.49
1986 7.45
1987 6.40
1988 3.43
1989 -14.62
1990 7.40
1991 8.98
1992 6.25
1993 -1.37
1994 -3.43
1995 6.89
1996 -5.21
1997 42.50
1998 -1.67
1999 -7.32
2000 4.80
2001 0.27
2002 -13.74
2003 -7.41
2004 23.86
2005 6.01
2006 7.33
2007 3.24
2008 -9.13
2009 -6.45
2010 -3.43
2011 3.82
2012 1.79
2013 -0.30
2014 -7.22

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Venezuela was 7,913,800,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 9,861,352,000 in 2007 and a minimum value of 1,575,846,000 in 1960.

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 constant local currency.

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

Year Value
1960 1,575,846,000
1961 1,674,428,000
1962 1,832,605,000
1963 1,937,439,000
1964 2,170,285,000
1965 2,323,824,000
1966 2,350,928,000
1967 2,439,832,000
1968 2,605,583,000
1969 2,676,183,000
1970 3,015,754,000
1971 3,142,451,000
1972 3,298,438,000
1973 3,559,071,000
1974 3,797,165,000
1975 3,938,682,000
1976 4,433,683,000
1977 4,596,464,000
1978 4,834,600,000
1979 4,966,846,000
1980 5,096,381,000
1981 4,976,241,000
1982 5,160,085,000
1983 4,917,345,000
1984 4,912,406,000
1985 5,133,161,000
1986 5,515,404,000
1987 5,868,153,000
1988 6,069,524,000
1989 5,181,900,000
1990 5,565,329,000
1991 6,065,341,000
1992 6,444,726,000
1993 6,356,312,000
1994 6,137,997,000
1995 6,560,681,000
1996 6,218,671,000
1997 8,861,713,000
1998 8,714,004,000
1999 8,075,756,000
2000 8,463,417,000
2001 8,486,042,000
2002 7,320,117,000
2003 6,777,428,000
2004 8,394,671,000
2005 8,899,306,000
2006 9,551,719,000
2007 9,861,352,000
2008 8,960,886,000
2009 8,383,190,000
2010 8,095,544,000
2011 8,405,180,000
2012 8,555,504,000
2013 8,530,054,000
2014 7,913,800,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Venezuela was 12.07 as of 2014. Its highest value over the past 46 years was 21.13 in 1997, while its lowest value was 11.51 in 2013.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1968 16.79
1969 16.78
1970 17.00
1971 17.65
1972 17.57
1973 17.79
1974 19.64
1975 17.27
1976 18.29
1977 17.34
1978 17.18
1979 18.23
1980 17.67
1981 16.51
1982 17.46
1983 17.88
1984 16.23
1985 16.84
1986 19.00
1987 17.03
1988 17.14
1989 15.63
1990 14.24
1991 14.73
1992 14.15
1993 13.87
1994 13.56
1995 13.79
1996 12.43
1997 21.13
1998 19.03
1999 17.70
2000 18.53
2001 16.99
2002 16.44
2003 17.12
2004 16.46
2005 15.08
2006 13.91
2007 13.34
2008 12.84
2009 13.62
2010 11.90
2011 11.65
2012 11.77
2013 11.51
2014 12.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts