Burundi - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Burundi was 11.11 as of 2018. Its highest value over the past 48 years was 20.12 in 1993, while its lowest value was 9.40 in 1970.

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
1970 9.40
1971 9.76
1972 10.79
1973 11.63
1974 12.12
1975 12.58
1976 11.74
1977 12.18
1978 14.31
1979 14.72
1980 11.67
1981 12.72
1982 14.29
1983 14.48
1984 12.58
1985 11.82
1986 12.13
1987 15.71
1988 14.81
1989 17.26
1990 17.33
1991 17.53
1992 18.99
1993 20.12
1994 19.57
1995 16.80
1996 11.78
1997 13.89
1998 14.69
1999 16.12
2000 15.54
2001 15.57
2002 15.80
2003 15.74
2004 16.32
2005 16.93
2006 15.32
2007 17.16
2008 15.42
2009 16.92
2010 15.39
2011 14.81
2012 15.75
2013 15.58
2014 15.50
2015 11.76
2016 12.21
2017 10.99
2018 11.11

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