Iran, Islamic Rep. | Manufacturing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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
Islamic Republic of Iran
Records
63
Source
Iran, Islamic Rep. | Manufacturing, value added (% of GDP)
8.54249971 1960
8.90995641 1961
9.95670891 1962
10.38073275 1963
10.59922486 1964
10.81533439 1965
11.32367639 1966
11.822097 1967
11.99892931 1968
12.52657086 1969
12.42125855 1970
11.91650757 1971
11.70564996 1972
10.98557095 1973
8.73703411 1974
9.11293229 1975
9.41550353 1976
9.19537372 1977
8.8253221 1978
7.46535346 1979
9.82869926 1980
10.57035642 1981
10.14411813 1982
9.06249546 1983
9.46709318 1984
8.87592987 1985
9.15968647 1986
10.24175892 1987
11.3102577 1988
10.9154168 1989
14.51243465 1990
15.95461266 1991
16.06830324 1992
13.56430156 1993
15.51251446 1994
15.34432231 1995
16.50554303 1996
17.43598158 1997
16.89071244 1998
16.65998772 1999
16.63922502 2000
17.14813115 2001
15.09666321 2002
14.79313534 2003
15.70243428 2004
15.04149207 2005
15.03350612 2006
12.90761577 2007
12.9684578 2008
13.27448939 2009
12.78390806 2010
13.79219147 2011
16.3771989 2012
15.72969562 2013
15.58475562 2014
13.45074441 2015
12.94499498 2016
13.75240254 2017
15.63711735 2018
18.04559618 2019
21.13948696 2020
21.21509497 2021
19.99077244 2022
Iran, Islamic Rep. | Manufacturing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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
Islamic Republic of Iran
Records
63
Source