Albania - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Albania was 11,252 as of 2019. Over the past 23 years, the value for this indicator has fluctuated between 14,282 in 2013 and 6,510 in 1997.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1996 7,995
1997 6,510
1998 7,212
1999 8,288
2000 9,085
2001 10,020
2002 9,823
2003 11,373
2004 11,927
2005 12,223
2006 12,736
2007 12,516
2008 12,436
2009 11,495
2010 11,718
2011 11,605
2012 12,400
2013 14,282
2014 13,359
2015 12,303
2016 11,592
2017 11,416
2018 11,651
2019 11,252

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Albania was $2,986,852,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $3,241,079,000 in 2008 and $390,725,100 in 1998.

Definition: 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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 $555,900,600
1997 $409,011,600
1998 $390,725,100
1999 $531,180,300
2000 $675,038,900
2001 $852,498,900
2002 $1,004,681,000
2003 $1,349,880,000
2004 $1,772,143,000
2005 $2,019,589,000
2006 $2,251,420,000
2007 $2,705,669,000
2008 $3,241,079,000
2009 $2,940,446,000
2010 $2,974,272,000
2011 $3,156,237,000
2012 $2,823,527,000
2013 $2,946,365,000
2014 $2,845,222,000
2015 $2,478,198,000
2016 $2,507,691,000
2017 $2,650,596,000
2018 $3,225,184,000
2019 $3,173,723,000
2020 $2,986,852,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Albania was 324,522,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 348,636,000,000 in 2019 and a minimum value of 58,091,000,000 in 1996.

Definition: 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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1996 58,091,000,000
1997 60,002,000,000
1998 59,062,000,000
1999 73,356,000,000
2000 97,211,000,000
2001 122,470,000,000
2002 141,063,000,000
2003 163,034,000,000
2004 181,947,000,000
2005 201,697,000,000
2006 220,872,000,000
2007 244,668,000,000
2008 271,909,000,000
2009 279,278,000,000
2010 309,136,000,000
2011 318,451,000,000
2012 305,461,000,000
2013 311,340,000,000
2014 300,114,000,000
2015 312,158,000,000
2016 311,311,000,000
2017 315,686,000,000
2018 348,285,000,000
2019 348,636,000,000
2020 324,522,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Albania was 2,743,419,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between 2,845,499,000 in 2019 and 680,250,800 in 1997.

Definition: 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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 824,071,500
1997 680,250,800
1998 800,968,600
1999 955,447,500
2000 1,198,438,000
2001 1,441,045,000
2002 1,538,237,000
2003 1,733,811,000
2004 1,858,683,000
2005 1,970,277,000
2006 2,151,600,000
2007 2,250,202,000
2008 2,406,505,000
2009 2,451,314,000
2010 2,534,655,000
2011 2,592,049,000
2012 2,432,880,000
2013 2,498,986,000
2014 2,416,056,000
2015 2,478,198,000
2016 2,525,196,000
2017 2,570,491,000
2018 2,822,258,000
2019 2,845,499,000
2020 2,743,419,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Albania was -3.59 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 25.43 in 2000 and a minimum value of -17.45 in 1997.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 -17.45
1998 17.75
1999 19.29
2000 25.43
2001 20.24
2002 6.74
2003 12.71
2004 7.20
2005 6.00
2006 9.20
2007 4.58
2008 6.95
2009 1.86
2010 3.40
2011 2.26
2012 -6.14
2013 2.72
2014 -3.32
2015 2.57
2016 1.90
2017 1.79
2018 9.79
2019 0.82
2020 -3.59

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Albania was 334,598,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 347,048,000,000 in 2019 and a minimum value of 82,965,920,000 in 1997.

Definition: 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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1996 100,507,000,000
1997 82,965,920,000
1998 97,689,120,000
1999 116,530,000,000
2000 146,166,000,000
2001 175,755,000,000
2002 187,609,000,000
2003 211,462,000,000
2004 226,692,000,000
2005 240,302,000,000
2006 262,417,000,000
2007 274,443,000,000
2008 293,506,000,000
2009 298,971,000,000
2010 309,136,000,000
2011 316,136,000,000
2012 296,723,000,000
2013 304,786,000,000
2014 294,671,000,000
2015 302,250,000,000
2016 307,982,000,000
2017 313,507,000,000
2018 344,213,000,000
2019 347,048,000,000
2020 334,598,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Albania was 20.06 as of 2020. Its highest value over the past 24 years was 25.34 in 2007, while its lowest value was 15.35 in 1998.

Definition: 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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 17.37
1997 18.11
1998 15.35
1999 16.54
2000 19.40
2001 21.74
2002 23.11
2003 24.06
2004 24.67
2005 25.08
2006 25.31
2007 25.34
2008 25.16
2009 24.41
2010 24.94
2011 24.48
2012 22.92
2013 23.06
2014 21.51
2015 21.76
2016 21.14
2017 20.36
2018 21.28
2019 20.61
2020 20.06

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts