Burkina Faso | Industry (including construction), value added (current US$)
Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 4. Data are in current U.S. dollars. Limitations and exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Burkina Faso | Industry (including construction), value added (current US$)
65803863.675074 1960
69680027.287928 1961
73513209.259341 1962
81265636.430934 1963
82398507.261137 1964
79069956.53579 1965
82532624.13909 1966
99563939.46758 1967
104608426.91891 1968
107350580.01526 1969
101997563.43576 1970
116956056.7087 1971
134895260.90725 1972
176794034.45972 1973
172591848.53033 1974
243835932.41471 1975
258464488.0458 1976
240985919.60515 1977
316520458.63112 1978
361236179.61508 1979
382097351.06646 1980
333252051.98089 1981
330617643.17674 1982
325773713.66678 1983
291481593.05115 1984
298537843.85961 1985
422115232.26009 1986
534347643.19956 1987
562773219.73847 1988
578731048.62391 1989
631708595.0167 1990
603668302.21801 1991
680055046.73717 1992
635207495.40849 1993
386851622.19881 1994
474592227.60326 1995
478310568.08781 1996
481769446.00753 1997
500841612.51994 1998
761453883.68392 1999
649204935.92259 2000
658458283.4015 2001
747428992.87402 2002
1072602300.0144 2003
1235307685.3368 2004
1239463281.6853 2005
1342473321.6331 2006
1719473485.9862 2007
1942073753.0829 2008
2169490679.8643 2009
2634117231.9415 2010
3427454300.949 2011
3374832050.9538 2012
3239505247.1228 2013
3475929665.0847 2014
2882476794.2937 2015
3193135454.8505 2016
3548008354.3333 2017
4066179498.4387 2018
4397145544.0111 2019
5255690676.4959 2020
5644401028.1307 2021
5405801276.1873 2022
Burkina Faso | Industry (including construction), value added (current US$)
Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 4. Data are in current U.S. dollars. Limitations and exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source