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Services share of GDP — all countries

Services share of GDP — Venezuela

Services share of GDP in Venezuela in 2011 — 0%. Ranked 199 in the world out of 199. Since 1968, the indicator has fallen by 56.9 pp.

2011 0% +0 pp vs 2010
World rank 199of 199
Period maximum 61.1%1983
Period minimum 0%1991

Trend over time

1968–2011 · % of GDP

Services share of GDP — Venezuela, 1968–201102040608019681973197819831988199319982003200820111968: 56.9%1969: 60.5%1970: 57.7%1971: 58.3%1972: 60.6%1973: 57.1%1974: 45%1975: 53.5%1976: 55.4%1977: 57.3%1978: 60.2%1979: 54.9%1980: 53.9%1981: 56.2%1982: 58.5%1983: 61.1%1984: 37.4%1985: 38.1%1986: 42.4%1987: 38.8%1988: 39.8%1989: 34.3%1990: 32.4%1991: 0%1992: 0%1993: 0%1994: 0%1995: 0%1996: 0%1997: 0%1998: 0%1999: 0%2000: 0%2001: 0%2002: 0%2003: 0%2004: 0%2005: 0%2006: 0%2007: 0%2008: 0%2009: 0%2010: 0%2011: 0%
Change over the period: −56.9 pp Annual average: -1.32 pp

Comparison, 2011

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 0%
World 62.6%
Latin America & Caribbean 63.7%
South America computed 51.4%
Services share of GDP — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2011 0 +0 pp
2010 0 +0 pp
2009 0 +0 pp
2008 0 +0 pp
2007 0 +0 pp
2006 0 +0 pp
2005 0 +0 pp
2004 0 +0 pp
2003 0 +0 pp
2002 0 +0 pp
2001 0 +0 pp
2000 0 +0 pp
1999 0 +0 pp
1998 0 +0 pp
1997 0 +0 pp
1996 0 +0 pp
1995 0 +0 pp
1994 0 +0 pp
1993 0 +0 pp
1992 0 +0 pp
1991 0 −32.4 pp
1990 32.4 −1.9 pp
1989 34.3 −5.5 pp
1988 39.8 +1.1 pp
1987 38.8 −3.6 pp
1986 42.4 +4.3 pp
1985 38.1 +0.7 pp
1984 37.4 −23.6 pp
1983 61.1 +2.6 pp
1982 58.5 +2.3 pp
1981 56.2 +2.3 pp
1980 53.9 −1.1 pp
1979 54.9 −5.2 pp
1978 60.2 +2.9 pp
1977 57.3 +1.9 pp
1976 55.4 +1.9 pp
1975 53.5 +8.5 pp
1974 45 −12.1 pp
1973 57.1 −3.5 pp
1972 60.6 +2.3 pp
1971 58.3 +0.6 pp
1970 57.7 −2.8 pp
1969 60.5 +3.6 pp
1968 56.9 —

South America, 2011

The same indicator for neighboring countries — with links to their pages

UY Uruguay 58.3 BR Brazil 57.6 CL Chile 54 AR Argentina 51.8 EC Ecuador 51.5 CO Colombia 51.4 PE Peru 47.8 SR Suriname 47 PY Paraguay 44.9 GY Guyana 42.8 BO Bolivia 41 VE Venezuela 0
Full table for all countries

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Venezuela

Economy Services value added

How much the service sector creates — trade, transport, finance, health care, education.

Venezuela by year Economy Industry share of GDP

The contribution of industry and construction to the value added of the economy.

Venezuela by year Labor Employment in services

The share of workers employed in trade, transport, finance, IT and the public sector.

Venezuela by year Internet ICT service exports

The share of computer, communications and information services in exports of services.

Venezuela by year
All indicators for Venezuela