Venezuela, RB Agriculture Share of GDP

Indicator note: Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source organization: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

Metadata fetched: 2026-09-27 03:52:08. Open original metadata response.

Venezuela, RB recorded 0,00 percent of GDP in 2011, the latest year available in this series.

Compared with 2010, the agriculture share of gdp remained unchanged by 0,00.

Across the latest five-year comparison window, the series shows an broadly flat direction.

Across 44 observations from 1968 to 2011, the average was 3,03; the minimum was 0,00 in 1991 and the maximum was 7,09 in 1969.

Venezuela, RB ranks 206 out of 206 countries with a current value in the portal ranking.

The latest value is below the available average for Latin America & Caribbean.

It is also below the available average for the Lower middle income group.

Agricultural structure and development stage.