Kenya | 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 Kenya
Records
63
Source
Kenya | Industry (including construction), value added (current US$)
133643946.54242 1960
135897945.64082 1961
133937946.42482 1962
129527948.18882 1963
154531952.18722 1964
166319933.47203 1965
189587924.16483 1966
215291913.88323 1967
239007904.39684 1968
263143894.74244 1969
288175884.72965 1970
325219869.91205 1971
393651842.53926 1972
467777487.03364 1973
544179782.32809 1974
582988898.69843 1975
568341889.61707 1976
713122394.67576 1977
924574445.33412 1978
1079821449.5213 1979
1291611788.2204 1980
1191931736.2657 1981
1113279452.8637 1982
1011004230.3969 1983
1017200440.5477 1984
1027049649.1718 1985
1171323936.9885 1986
1269732301.6718 1987
1399800530.791 1988
1355938497.799 1989
1399505567.7415 1990
1386039281.0537 1991
1300823082.1447 1992
826360318.3051 1993
1040202659.83 1994
1226366027.6711 1995
1974564696.0887 1996
2088866887.5735 1997
2190512318.8778 1998
1923478977.9749 1999
1907817078.6103 2000
1988108921.3639 2001
2031793565.4461 2002
2328555155.3621 2003
2608261823.9872 2004
3187808091.2846 2005
5006044659.5383 2006
6168624549.8948 2007
6670314404.1298 2008
7786224014.893 2009
8433944417.6094 2010
9215898026.7821 2011
10862880911.234 2012
11767070629.397 2013
12998906623.818 2014
13248589280.583 2015
13588045653.483 2016
14359268235.216 2017
15963236662.048 2018
16994616540.717 2019
17514695524.072 2020
18816849638.473 2021
20025690234.148 2022
Kenya | 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 Kenya
Records
63
Source