Egypt - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Egypt was 32.01 as of 2020. Its highest value over the past 60 years was 39.89 in 2014, while its lowest value was 20.50 in 1973.

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
1960 21.56
1961 22.05
1962 24.76
1963 25.05
1964 25.04
1965 24.07
1966 23.99
1967 23.81
1968 22.73
1969 24.12
1970 21.42
1971 22.12
1972 21.67
1973 20.50
1974 23.28
1975 25.41
1976 23.77
1977 24.70
1978 26.17
1979 34.73
1980 33.39
1981 31.28
1982 30.05
1983 28.59
1984 28.77
1985 29.60
1986 27.89
1987 25.94
1988 27.45
1989 26.59
1990 27.41
1991 32.13
1992 31.41
1993 31.15
1994 30.50
1995 30.25
1996 29.52
1997 29.00
1998 28.65
1999 28.40
2000 30.75
2001 30.90
2002 32.18
2003 33.37
2004 34.67
2005 34.15
2006 36.15
2007 35.07
2008 36.21
2009 35.82
2010 35.78
2011 35.95
2012 39.25
2013 39.89
2014 39.89
2015 36.63
2016 32.46
2017 33.75
2018 34.96
2019 35.62
2020 32.01

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.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts