Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Industry (including construction), value added (current US$)
1960 105932062682.54
1961 69371921520.527
1962 67271871562.807
1963 74984727757.616
1964 91776181204.509
1965 106151497721.52
1966 122053214155.98
1967 110423185818.58
1968 103931141951.11
1969 128235904097.81
1970 160228430202.92
1971 179502597945.54
1972 207225296653.15
1973 259591031787.66
1974 287343160236.38
1975 318123643925.13
1976 326300163585.23
1977 387342197204.32
1978 465481872133.41
1979 571842078591.87
1980 709338760918.44
1981 683962953580.06
1982 640377629897.83
1983 664800972013.23
1984 675805466651.42
1985 658305250440.28
1986 630267084117.75
1987 698676364926.26
1988 814711200014.43
1989 886477074038.82
1990 840690714830.5
1991 829125417082.42
1992 851838730699.85
1993 959879451328.01
1994 976066330651.98
1995 1065922643656.6
1996 1171316250530.8
1997 1228697143307.9
1998 1160937700281.2
1999 1106062175235.6
2000 1247913439745.9
2001 1295760252952.9
2002 1371014638313.1
2003 1586673267649.5
2004 1939917659410.1
2005 2361877725896.5
2006 2868387167747.1
2007 3560231118356.3
2008 4461519481109.4
2009 4270546008831.8
2010 5212641745059.1
2011 6400870446205.4
2012 6807453261594.6
2013 7175262638266.4
2014 7370010540917
2015 6783885095259.3
2016 6597642552746.5
2017 7348125323642.5
2018 8208425261432.4
2019 8167900840682.6
2020 7889942039409
2021 9819963498831.5
2022 10465435845349

Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source