Benin - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Benin was 1,400,220,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,400,220,000,000 in 2020 and a minimum value of 212,429,000,000 in 1971.

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
1970 229,026,000,000
1971 212,429,000,000
1972 242,283,000,000
1973 235,403,000,000
1974 301,930,000,000
1975 260,968,000,000
1976 228,677,000,000
1977 261,286,000,000
1978 244,901,000,000
1979 264,076,000,000
1980 260,702,000,000
1981 310,493,000,000
1982 417,259,000,000
1983 400,955,000,000
1984 434,771,000,000
1985 474,625,000,000
1986 373,178,000,000
1987 372,574,000,000
1988 394,917,000,000
1989 425,737,000,000
1990 460,646,000,000
1991 481,545,000,000
1992 525,137,000,000
1993 515,718,000,000
1994 540,647,000,000
1995 561,847,000,000
1996 605,088,000,000
1997 626,317,000,000
1998 625,142,000,000
1999 636,080,000,000
2000 694,654,000,000
2001 787,442,000,000
2002 802,079,000,000
2003 811,520,000,000
2004 820,248,000,000
2005 874,344,000,000
2006 901,000,000,000
2007 885,051,000,000
2008 806,256,000,000
2009 818,608,000,000
2010 846,177,000,000
2011 847,660,000,000
2012 878,720,000,000
2013 933,197,000,000
2014 969,513,000,000
2015 1,103,180,000,000
2016 1,113,010,000,000
2017 1,118,230,000,000
2018 1,172,370,000,000
2019 1,331,320,000,000
2020 1,400,220,000,000

Base Period: varies by country

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