Fiji | 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 Fiji
Records
63
Source
Fiji | Industry (including construction), value added (current US$)
1960
1961
1962
29593250.220375 1963
33119254.501952 1964
33371111.950636 1965
33844992.450931 1966
37548178.540346 1967
37902210.008016 1968
38540713.632205 1969
45626504.642898 1970
46533380.100549 1971
63500988.870361 1972
83855436.249723 1973
112958724.13742 1974
139922592.38845 1975
142584227.73375 1976
136684687.827 1977
148918656.87417 1978
200899080.21964 1979
242430910.85804 1980
237062484.56929 1981
233324289.04959 1982
200050146.50646 1983
199796415.47132 1984
199063069.43585 1985
235111654.86474 1986
226781513.64545 1987
217262200.24639 1988
252692416.33537 1989
281947764.47963 1990
296874063.91345 1991
336509732.92588 1992
364195618.68625 1993
400982088.27798 1994
410200855.70061 1995
442172023.08843 1996
446291582.2467 1997
346483848.28598 1998
368394999.04804 1999
328718773.85636 2000
340809530.69112 2001
364833782.98048 2002
429175932.92006 2003
535160415.46451 2004
490304107.63516 2005
497189521.71904 2006
522991119.66714 2007
566742988.01531 2008
478757375.87565 2009
532967319.93439 2010
658121854.90517 2011
664240990.94192 2012
684524053.24639 2013
729185756.43454 2014
710391670.24816 2015
798827053.49962 2016
840176080.08578 2017
867203837.28812 2018
861232415.85781 2019
761896415.91447 2020
717790339.64365 2021
755188997.88207 2022
Fiji | 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 Fiji
Records
63
Source