Industrial Production in Venezuela decreased 20.60 percent in January of 2019 over the same month in the previous year. source: Banco Central De Venezuela

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. Venezuela Industrial Production - values, historical data and charts - was last updated on October of 2021.

Industrial Production in Venezuela is expected to be -48.00 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 -38.00 in 12 months time. In the long-term, the Venezuela Industrial Production is projected to trend around -35.00 percent in 2022 and -45.00 percent in 2023, according to our econometric models.

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Venezuela Industrial Production

Venezuela Last Unit Reference Previous Highest Lowest
Industrial Production -20.60 percent Jan/19 -47.00 183.50 -64.90
Changes in Inventories -543.00 VEF Million Mar/19 -908.00 2399.00 -1404.00

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.