Cameroon - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Cameroon was 23.35 as of 2020. Its highest value over the past 55 years was 34.64 in 1984, while its lowest value was 15.96 in 1978.

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
1965 20.30
1966 20.66
1967 20.10
1968 19.50
1969 19.43
1970 18.64
1971 19.23
1972 18.86
1973 18.62
1974 17.87
1975 18.24
1976 18.96
1977 18.39
1978 15.96
1979 20.64
1980 23.47
1981 27.61
1982 30.25
1983 33.12
1984 34.64
1985 34.32
1986 32.49
1987 29.05
1988 28.32
1989 28.96
1990 28.76
1991 28.88
1992 25.11
1993 29.13
1994 30.10
1995 28.88
1996 29.83
1997 28.41
1998 27.54
1999 27.46
2000 28.48
2001 26.18
2002 27.48
2003 28.42
2004 27.68
2005 27.97
2006 28.70
2007 27.13
2008 27.60
2009 26.51
2010 25.84
2011 25.78
2012 26.62
2013 26.74
2014 25.71
2015 25.09
2016 24.18
2017 24.26
2018 24.68
2019 23.83
2020 23.35

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