🇻🇪 Venezuela Manufacture, valeur ajoutée

Venezuela Manufacture, valeur ajoutée was 1.58 in 2011, up 30.6% from 2010, according to World Bank data. The 10-year average is 0.70. Historical data available from 1968 to 2011 (44 data points). The all-time high was 1.58 in 2011.

Source: World Bank World Development Indicators • 1968201144 data pointsEconomy & Growth

Latest Value
1.58
2011
Year-on-Year
+30.6%
vs 2010
10-Year Average
0.70
20022011
Range
High: 1.58 (2011)
Low: 0.00 (1968)

Venezuela Manufacture, valeur ajoutée (LCU actuelle)1968 to 2011

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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Historical Data Table

YearValue
20111.58
20101.21
20090.96
20080.87
20070.66
20060.55
20050.46
20040.35
20030.23
20020.18

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