Morocco | Manufacturing, value added (current US$)
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. Data are in current U.S. dollars. Development relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998). Limitations and exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products." Statistical concept and methodology: The data on manufacturing value added in U.S. dollars are from the World Bank's national accounts files and may differ from those UNIDO uses to calculate shares of value added by industry, in part because of differences in exchange rates. Thus value added in a particular industry estimated by applying the shares to total manufacturing value added will not match those from UNIDO sources. Classification of manufacturing industries accords with the United Nations International Standard Industrial Classification (ISIC) revision 3. Data prior to 2008 used revision 2, first published in 1948. Revision 3 was completed in 1989, and many countries now use it. But revision 2 is still widely used for compiling cross-country data. UNIDO has converted these data to accord with revision 3. Concordances matching ISIC categories to national classification systems and to related systems such as the Standard International Trade Classification are available.
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source
Morocco | Manufacturing, value added (current US$)
1960
1961
1962
1963
1964
1965 462998642.42396
1966 475645639.05867
1967 489478291.62789
1968 527024062.88719
1969 608241494.40074
1970 641242251.24444
1971 709708732.28872
1972 852460441.66232
1973 1082806316.4595
1974 1229127319.6031
1975 1536093761.6826
1976 1591650465.0498
1977 1829972647.0051
1978 2248077661.9992
1979 2676491754.3229
1980 3903353438.6887
1981 3405543865.239
1982 3345483349.5544
1983 3245553281.5764
1984 2988537677.7304
1985 3016027198.6485
1986 3688666386.8033
1987 4275875687.0404
1988 4931141274.1957
1989 4938905170.9615
1990 5819781032.0174
1991 5924429871.7632
1992 6359911185.2893
1993 6033546090.9775
1994 6435875529.7186
1995 7366968454.3326
1996 7894676714.079
1997 7461257111.3677
1998 7531085908.8153
1999 7665160526.0852
2000 7186846292.1137
2001 6645473983.6194
2002 7117053688.413
2003 9120078526.209
2004 10601695204.238
2005 10498959775.332
2006 11090439860.553
2007 11949953694.509
2008 13962124168.986
2009 14398108500.577
2010 14533409020.004
2011 15705681484.572
2012 14967470963.772
2013 16571998538.101
2014 18099797807.297
2015 16445235257.899
2016 16453978577.159
2017 17286012646.722
2018 18921379716.521
2019 19015031179.955
2020 18395157887.665
2021 21349206384.525
2022 19635929162.082
Morocco | Manufacturing, value added (current US$)
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. Data are in current U.S. dollars. Development relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998). Limitations and exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products." Statistical concept and methodology: The data on manufacturing value added in U.S. dollars are from the World Bank's national accounts files and may differ from those UNIDO uses to calculate shares of value added by industry, in part because of differences in exchange rates. Thus value added in a particular industry estimated by applying the shares to total manufacturing value added will not match those from UNIDO sources. Classification of manufacturing industries accords with the United Nations International Standard Industrial Classification (ISIC) revision 3. Data prior to 2008 used revision 2, first published in 1948. Revision 3 was completed in 1989, and many countries now use it. But revision 2 is still widely used for compiling cross-country data. UNIDO has converted these data to accord with revision 3. Concordances matching ISIC categories to national classification systems and to related systems such as the Standard International Trade Classification are available.
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source