Industrial Production in Venezuela decreased 20.60 percent in January of 2019 over the same month in the previous year.

Industrial Production in Venezuela averaged -3.02 percent from 1998 until 2019, reaching an all time high of 183.50 percent in December of 2003 and a record low of -64.90 percent in December of 2002. This page provides - Venezuela Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco Central De Venezuela

Industrial Production in Venezuela is expected to be -35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Venezuela to stand at -48.00 in 12 months time. In the long-term, the Venezuela Industrial Production is projected to trend around -45.00 percent in 2020, according to our econometric models.


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Venezuela Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-20.60 -47.00 183.50 -64.90 1998 - 2019 percent Monthly
2007=100

Venezuela Industrial Production
In Venezuela, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Venezuela Business Last Previous Highest Lowest Unit
Industrial Production -20.60 -47.00 183.50 -64.90 percent [+]
Changes in Inventories -543.00 -908.00 2399.00 -1404.00 VEF Million [+]
Internet Speed 1827.10 1937.83 1937.83 646.91 KBps [+]
IP Addresses 2571911.00 2585378.00 2925726.00 950807.00 IP [+]
Steel Production 1.00 10.00 479.00 1.00 Thousand Tonnes [+]
Crude Oil Rigs 23.00 23.00 119.00 12.00 [+]
Competitiveness Index 41.83 43.17 45.09 3.30 Points [+]
Competitiveness Rank 133.00 127.00 134.00 85.00 [+]
Corruption Index 16.00 18.00 28.00 16.00 Points [+]
Corruption Rank 173.00 168.00 173.00 38.00 [+]
Ease of Doing Business 188.00 188.00 188.00 175.00 [+]