Venezuela: Manufacturing value added

The latest value from 2011 is 0 billion U.S. dollars, unchanged from 0 billion U.S. dollars in 2010. In comparison, the world average is 64.64 billion U.S. dollars, based on data from 180 countries. Historically, the average for Venezuela from 1968 to 2011 is 3.63 billion U.S. dollars. The minimum value, 0 billion U.S. dollars, was reached in 1991 while the maximum of 12.08 billion U.S. dollars was recorded in 1983. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.