South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | Industry (including construction), value added (current US$)
8951929859.6585 1960
9788507052.3874 1961
10843607124.182 1962
12242724646.999 1963
13794837663.494 1964
15160648911.353 1965
12222952115.281 1966
12525141771.498 1967
13646090313.416 1968
15660769948.813 1969
17138433978.293 1970
18793868981.546 1971
19104029380.914 1972
21483737124.384 1973
27285037332.32 1974
28730653591.749 1975
30647939631.616 1976
35948157424.091 1977
41528236205.29 1978
47891460589.6 1979
57901695884.013 1980
62065857618.169 1981
64312543042.987 1982
68877918568.364 1983
69430538759.25 1984
75168407403.595 1985
80396171594.233 1986
89351602973.109 1987
95898447193.574 1988
98853172952.512 1989
106781888538.25 1990
91985921061.696 1991
98981435863.181 1992
98128000370.771 1993
114701937509.01 1994
130173450523.86 1995
139228691704.27 1996
145852197610.45 1997
146427484434.12 1998
153402749441.34 1999
163670752367.52 2000
164209168687.33 2001
178617368201.48 2002
207855485577.43 2003
255922688155.3 2004
298214502170.74 2005
353371972073.3 2006
446872005357.18 2007
456308802973.58 2008
499529320296.07 2009
607683757027.58 2010
658595908550.25 2011
656074657881.44 2012
652811016405.72 2013
699791612560.71 2014
720299923892.26 2015
783427133089.78 2016
892379578997.02 2017
919693307140.37 2018
910154813805.67 2019
879008835884.96 2020
1060158665725.7 2021
1140500158207.9 2022
South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source