Arab World - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Arab World was 36.95 as of 2020. Its highest value over the past 45 years was 61.10 in 1980, while its lowest value was 32.39 in 1986.

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
1975 53.78
1976 55.58
1977 53.97
1978 50.18
1979 55.55
1980 61.10
1981 58.33
1982 50.00
1983 43.19
1984 40.88
1985 37.83
1986 32.39
1987 33.16
1988 34.04
1989 36.10
1990 54.05
1991 38.59
1992 39.61
1993 37.18
1994 36.81
1995 38.61
1996 40.38
1997 41.32
1998 37.16
1999 40.86
2000 46.70
2001 44.05
2002 43.88
2003 44.45
2004 46.39
2005 50.00
2006 51.18
2007 49.76
2008 51.96
2009 44.13
2010 46.55
2011 53.42
2012 52.85
2013 51.34
2014 49.57
2015 40.44
2016 38.44
2017 40.70
2018 43.98
2019 42.19
2020 36.95

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