Zambia | Manufacturing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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 Zambia
Records
63
Source
Zambia | Manufacturing, value added (% of GDP)
3.7667802 1960
4.88305293 1961
4.8227535 1962
5.48598688 1963
5.68413887 1964
6.33245383 1965
7.8079096 1966
9.00167084 1967
9.73223023 1968
8.16133721 1969
10.11191986 1970
12.67677195 1971
13.56261682 1972
12.29771425 1973
12.8343388 1974
15.9114053 1975
14.35481354 1976
17.77084172 1977
19.10961034 1978
18.29424147 1979
16.94738216 1980
17.73971424 1981
18.5992824 1982
19.84597723 1983
20.49482864 1984
22.85807209 1985
22.65104295 1986
25.72342794 1987
30.806865 1988
30.97014925 1989
31.85689077 1990
33.34588626 1991
33.1916343 1992
24.97607991 1993
9.08872602 1994
9.17759433 1995
10.91561377 1996
10.79494361 1997
10.77369849 1998
10.21141037 1999
9.45329655 2000
9.08186723 2001
9.58587925 2002
10.14813672 2003
10.06523898 2004
9.84046098 2005
9.40791898 2006
8.67980437 2007
8.45396815 2008
8.68492782 2009
7.57828394 2010
7.51615953 2011
7.07581325 2012
6.02373453 2013
6.81998336 2014
7.52231131 2015
7.68612523 2016
8.12723824 2017
6.84776648 2018
6.7889301 2019
7.71536978 2020
18.24920243 2021
13.82480402 2022
Zambia | Manufacturing, value added (% of GDP)
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. Note: For VAB countries, gross value added at factor cost is used as the denominator. 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 Zambia
Records
63
Source