Gabon | 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
Gabonese Republic
Records
63
Source
Gabon | Industry (including construction), value added (current US$)
47982855.089752 1960
52915514.158923 1961
55938906.082497 1962
58908510.558954 1963
66331021.459235 1964
76715613.921556 1965
85884663.943869 1966
102845136.30594 1967
134106360.09349 1968
145021990.91159 1969
154122708.09358 1970
173956298.39906 1971
220610774.54814 1972
345911313.24664 1973
978377369.89795 1974
1343829512.8291 1975
1876539330.3602 1976
1636683947.7453 1977
1381750068.4449 1978
1871459774.916 1979
2586147059.9936 1980
2255903735.958 1981
2193810961.96 1982
1927487444.722 1983
2126068949.8212 1984
2221972613.3979 1985
1616749797.0234 1986
1603099459.16 1987
1378487342.9107 1988
1746976494.8027 1989
2559273290.97 1990
2410362803.2733 1991
2422613762.789 1992
1981265105.9022 1993
2205168668.0979 1994
2596622432.3023 1995
3152560530.3058 1996
2857953629.268 1997
1934225894.9895 1998
2276274238.5038 1999
2858036048.2208 2000
2396603671.4427 2001
2524504264.6419 2002
3063145170.7806 2003
4001704546.1269 2004
5742230398.7239 2005
6141442621.6172 2006
7127260098.295 2007
9614061896.4652 2008
6110967875.4746 2009
7932588057.7815 2010
11086655783.056 2011
10100457053.184 2012
9960707759.3159 2013
9597539416.7819 2014
6930303038.0837 2015
6316058788.7781 2016
6788036206.0718 2017
7949079355.908 2018
8045524848.3271 2019
6369191467.9197 2020
10294728419.865 2021
12086049069.929 2022
Gabon | 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
Gabonese Republic
Records
63
Source