Colombia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Colombia was 239,637,000,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 276,456,000,000,000 in 2019 and a minimum value of 16,561,000,000 in 1965.

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 current local currency.

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

Year Value
1965 16,561,000,000
1966 19,144,000,000
1967 23,655,000,000
1968 26,629,000,000
1969 30,744,000,000
1970 36,697,000,000
1971 43,229,000,000
1972 54,528,000,000
1973 74,216,000,000
1974 96,734,000,000
1975 118,365,000,000
1976 164,117,000,000
1977 216,970,000,000
1978 272,521,000,000
1979 350,981,000,000
1980 498,829,000,000
1981 606,800,000,000
1982 771,233,000,000
1983 962,072,000,000
1984 1,282,790,000,000
1985 1,718,380,000,000
1986 2,455,470,000,000
1987 3,066,320,000,000
1988 4,250,650,000,000
1989 5,588,470,000,000
1990 7,568,750,000,000
1991 9,846,731,000,000
1992 11,800,100,000,000
1993 15,769,800,000,000
1994 19,662,000,000,000
1995 24,680,600,000,000
1996 28,721,900,000,000
1997 32,956,800,000,000
1998 37,076,800,000,000
1999 40,499,400,000,000
2000 56,941,000,000,000
2001 61,483,000,000,000
2002 67,535,000,000,000
2003 78,718,000,000,000
2004 91,485,000,000,000
2005 102,564,000,000,000
2006 117,967,000,000,000
2007 131,033,000,000,000
2008 153,122,000,000,000
2009 156,727,000,000,000
2010 170,679,000,000,000
2011 206,148,000,000,000
2012 222,650,000,000,000
2013 233,848,000,000,000
2014 236,392,000,000,000
2015 230,057,000,000,000
2016 239,174,000,000,000
2017 246,823,000,000,000
2018 265,671,000,000,000
2019 276,456,000,000,000
2020 239,637,000,000,000

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