Industry, value added (% of GDP)

Value Range

From 6% for Solomon Islands to about 92% for Equatorial Guinea.

Description

Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Perspective

3: Growth and Sustainability

Data

Comments

Add a New Comment

Source: Data for this indicator are provided at http://data.worldbank.org/indicator/NV.IND.TOTL.ZS/

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License