Costa Rica | Manufacturing, value added (current US$)

Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3. Data are in current U.S. dollars. Development relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998). Limitations and exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products." Statistical concept and methodology: The data on manufacturing value added in U.S. dollars are from the World Bank's national accounts files and may differ from those UNIDO uses to calculate shares of value added by industry, in part because of differences in exchange rates. Thus value added in a particular industry estimated by applying the shares to total manufacturing value added will not match those from UNIDO sources. Classification of manufacturing industries accords with the United Nations International Standard Industrial Classification (ISIC) revision 3. Data prior to 2008 used revision 2, first published in 1948. Revision 3 was completed in 1989, and many countries now use it. But revision 2 is still widely used for compiling cross-country data. UNIDO has converted these data to accord with revision 3. Concordances matching ISIC categories to national classification systems and to related systems such as the Standard International Trade Classification are available.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Manufacturing, value added (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 178867924.5283
1971 201635024.60747
1972 237091183.11982
1973 307804195.66953
1974 346267339.21816
1975 399918319.71995
1976 475157526.25438
1977 583465577.59627
1978 660186697.78296
1979 738798133.02217
1980 898611435.23921
1981 497065408.13395
1982 530068610.49663
1983 687756975.3391
1984 823366065.77241
1985 865633663.36634
1986 942166666.66667
1987 966995379.95858
1988 981618947.09064
1989 1068764640.6115
1990 1106921564.3435
1991 1480127551.2538
1992 1772837177.1164
1993 1889484214.1789
1994 1999995568.7606
1995 2200735959.4722
1996 2235671336.9602
1997 2454551183.577
1998 2593070851.5106
1999 2662451818.8183
2000 2750128099.8734
2001 2784235707.7265
2002 2883596107.7761
2003 2953856056.7902
2004 3143059905.4643
2005 3380353240.981
2006 3744879247.1394
2007 4336803435.6306
2008 4661614617.2931
2009 4351440544.7383
2010 5488988175.8251
2011 6113403756.6113
2012 6554756355.6298
2013 6543279234.5786
2014 6391725339.6325
2015 6551259867.7989
2016 6829293615.1978
2017 7100953654.1263
2018 7443186859.7842
2019 7760039214.7998
2020 7980926786.8141
2021 8921313798.2027
2022 9749544895.4288

Costa Rica | Manufacturing, value added (current US$)

Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3. Data are in current U.S. dollars. Development relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998). Limitations and exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products." Statistical concept and methodology: The data on manufacturing value added in U.S. dollars are from the World Bank's national accounts files and may differ from those UNIDO uses to calculate shares of value added by industry, in part because of differences in exchange rates. Thus value added in a particular industry estimated by applying the shares to total manufacturing value added will not match those from UNIDO sources. Classification of manufacturing industries accords with the United Nations International Standard Industrial Classification (ISIC) revision 3. Data prior to 2008 used revision 2, first published in 1948. Revision 3 was completed in 1989, and many countries now use it. But revision 2 is still widely used for compiling cross-country data. UNIDO has converted these data to accord with revision 3. Concordances matching ISIC categories to national classification systems and to related systems such as the Standard International Trade Classification are available.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source