Botswana - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Botswana was 27.53 as of 2020. Its highest value over the past 60 years was 61.91 in 1988, while its lowest value was 10.61 in 1963.

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 13.33
1961 12.30
1962 11.37
1963 10.61
1964 13.49
1965 19.21
1966 14.36
1967 14.98
1968 12.42
1969 19.53
1970 27.56
1971 27.59
1972 27.62
1973 26.88
1974 27.89
1975 31.01
1976 31.82
1977 32.47
1978 37.42
1979 42.73
1980 43.89
1981 40.98
1982 43.29
1983 47.73
1984 51.63
1985 56.76
1986 57.94
1987 58.03
1988 61.91
1989 61.42
1990 56.91
1991 53.55
1992 49.66
1993 47.88
1994 43.26
1995 43.89
1996 45.43
1997 45.69
1998 43.55
1999 44.80
2000 46.30
2001 44.77
2002 43.97
2003 39.62
2004 38.82
2005 42.85
2006 43.59
2007 41.80
2008 36.54
2009 28.16
2010 31.86
2011 35.05
2012 29.72
2013 31.48
2014 41.29
2015 37.41
2016 40.35
2017 37.14
2018 35.04
2019 32.02
2020 27.53

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