Burkina Faso - Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Burkina Faso was 9.30 as of 2020. Its highest value over the past 60 years was 19.03 in 1973, while its lowest value was 9.30 in 2020.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11.27
1961 10.63
1962 11.13
1963 11.14
1964 10.90
1965 11.16
1966 12.75
1967 15.00
1968 15.48
1969 15.99
1970 16.65
1971 17.42
1972 18.37
1973 19.03
1974 18.52
1975 18.13
1976 17.74
1977 16.43
1978 15.36
1979 15.88
1980 14.74
1981 14.43
1982 14.40
1983 16.01
1984 15.11
1985 13.33
1986 13.69
1987 14.99
1988 15.07
1989 14.49
1990 14.75
1991 13.38
1992 14.47
1993 14.23
1994 13.45
1995 14.12
1996 13.37
1997 14.36
1998 13.80
1999 16.19
2000 15.36
2001 14.94
2002 14.85
2003 15.59
2004 15.14
2005 13.34
2006 14.04
2007 14.34
2008 13.01
2009 13.55
2010 12.14
2011 11.61
2012 10.34
2013 10.17
2014 11.00
2015 11.62
2016 11.12
2017 10.26
2018 10.53
2019 10.02
2020 9.30

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