Costa Rica | 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
Republic of Costa Rica
Records
63
Source
Costa Rica | Industry (including construction), value added (current US$)
1960 102194702.19825
1961 99862743.128787
1962 97848152.659359
1963 109321664.33588
1964 117862889.27986
1965 136588679.24528
1966 147954716.98113
1967 161449056.60377
1968 185630188.67924
1969 204271698.11321
1970 237313207.54717
1971 272735518.68874
1972 323255463.45139
1973 408214049.61637
1974 459571248.42371
1975 536744457.40957
1976 662205367.56126
1977 803827304.55076
1978 918413068.84481
1979 1067666277.7129
1980 1302928821.4702
1981 698486762.11498
1982 670925853.93935
1983 900412459.99706
1984 1078080114.7777
1985 1131376237.6238
1986 1220652329.7491
1987 1249896447.3475
1988 1256531204.6444
1989 1412635926.5195
1990 1467675333.1877
1991 1969551109.2053
1992 2387694003.9693
1993 2621672417.3319
1994 2790379228.5858
1995 3076449630.908
1996 3034740743.8255
1997 3285033474.2046
1998 3555932172.324
1999 3668201540.1848
2000 3820216690.0289
2001 4028648307.842
2002 4073349585.0703
2003 4176179993.2273
2004 4591059166.9902
2005 4863770562.2751
2006 5388096166.0636
2007 6423775121.3427
2008 7254920533.3125
2009 7232233868.4676
2010 8783105629.6765
2011 9660019131.6673
2012 10487731175.655
2013 10875192792.556
2014 10723913753.824
2015 11270254154.32
2016 11563445992.696
2017 11688395473.662
2018 12208225295.125
2019 12389873751.197
2020 12708645109.948
2021 13385672260.656
2022 14296342394.204

Costa Rica | 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
Republic of Costa Rica
Records
63
Source