Benin - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Benin was 1,467,580,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,467,580,000,000 in 2020 and a minimum value of 5,670,728,000 in 1965.

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
1960 5,672,090,000
1961 5,672,090,000
1962 5,672,090,000
1963 7,135,864,000
1964 7,135,864,000
1965 5,670,728,000
1966 8,414,630,000
1967 8,597,561,000
1968 8,780,489,000
1969 9,512,190,000
1970 10,792,700,000
1971 12,438,000,000
1972 14,362,400,000
1973 16,071,700,000
1974 22,808,810,000
1975 23,448,300,000
1976 21,544,910,000
1977 23,139,010,000
1978 29,355,100,000
1979 33,670,200,000
1980 36,464,400,000
1981 45,294,600,000
1982 63,000,000,000
1983 64,100,010,000
1984 78,400,000,000
1985 78,468,000,000
1986 56,023,000,000
1987 58,064,000,000
1988 64,641,000,000
1989 61,190,000,000
1990 66,454,940,000
1991 67,149,200,000
1992 75,655,410,000
1993 78,686,660,000
1994 118,343,000,000
1995 145,034,000,000
1996 160,243,000,000
1997 179,006,000,000
1998 182,011,000,000
1999 408,435,000,000
2000 468,895,000,000
2001 580,158,000,000
2002 618,482,000,000
2003 675,165,000,000
2004 669,176,000,000
2005 748,447,000,000
2006 777,478,000,000
2007 762,884,000,000
2008 770,944,000,000
2009 820,716,000,000
2010 849,673,000,000
2011 913,985,000,000
2012 964,546,000,000
2013 1,066,100,000,000
2014 1,076,490,000,000
2015 1,103,180,000,000
2016 1,099,970,000,000
2017 1,114,230,000,000
2018 1,159,940,000,000
2019 1,375,520,000,000
2020 1,467,580,000,000

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