🇻🇪 Venezuela, RB Manufacturing, value added
Venezuela, RB Manufacturing, value added was $6.95B in 2014, down 7.2% from 2013, according to World Bank data. The 10-year average is $7.65B. Historical data available from 1960 to 2014 (55 data points). The all-time high was $8.66B in 2007.
Source: World Bank World Development Indicators • 1960–2014 • 55 data points • Economy & Growth
Latest Value
$6.95B
2014
Year-on-Year
-7.2%
vs 2013
10-Year Average
$7.65B
2005–2014
Range
High: $8.66B (2007)
Low: $1.43B (1960)
Venezuela, RB Manufacturing, value added (constant LCU) — 1960 to 2014
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About this Indicator
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2014 | $6.95B |
| 2013 | $7.49B |
| 2012 | $7.51B |
| 2011 | $7.38B |
| 2010 | $7.11B |
| 2009 | $7.36B |
| 2008 | $7.86B |
| 2007 | $8.66B |
| 2006 | $8.38B |
| 2005 | $7.81B |
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<iframe src="https://nationstat.com/country/venezuela-rb/manufacturing-value-added-constant-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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