Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source
Jordan | Industry (including construction), value added (current US$)
1960
1961
1962
1963
1964
106119957.55202 1965
121239951.50402 1966
96319961.472015 1967
120959951.61602 1968
131319947.47202 1969
112279955.08802 1970
110879955.64802 1971
145599941.76002 1972
210000273.9134 1973
194664878.35774 1974
282996447.691 1975
331643487.76895 1976
415468297.76443 1977
525153374.23313 1978
708213882.59032 1979
858269698.74969 1980
1083124264.223 1981
1194637041.408 1982
1184866103.5202 1983
1243026023.1751 1984
1102312321.8245 1985
1472143008.1779 1986
1550261626.9622 1987
1319023649.9845 1988
966103700.81591 1989
974067065.23311 1990
943210558.31838 1991
1224739562.6477 1992
1286712438.8938 1993
1495491627.3079 1994
1606164383.5616 1995
1480535966.1495 1996
1573624823.6953 1997
1704936530.3244 1998
1729901269.3935 1999
1813681241.1848 2000
1926280319.8384 2001
2183074753.1735 2002
2348660084.6262 2003
2829619181.9464 2004
3137376586.7419 2005
3741607898.4485 2006
4712976022.567 2007
6717173124.86 2008
6811553661.9718 2009
7127189859.1549 2010
7910898169.0141 2011
8164185774.6479 2012
8834346056.338 2013
9399390422.5352 2014
9736587464.7887 2015
9841217887.3239 2016
10199879436.62 2017
10442763380.282 2018
10730426056.338 2019
10293105211.268 2020
10842742957.747 2021
11651648451.45 2022

Jordan | 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
Hashemite Kingdom of Jordan
Records
63
Source