Congo - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Congo was 31.00 as of 2020. Its highest value over the past 60 years was 72.15 in 2000, while its lowest value was 17.03 in 1960.

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 17.03
1961 18.01
1962 17.89
1963 17.77
1964 17.80
1965 18.93
1966 19.74
1967 19.86
1968 19.29
1969 19.45
1970 23.95
1971 21.87
1972 21.26
1973 22.10
1974 25.41
1975 32.42
1976 37.60
1977 31.65
1978 29.50
1979 36.39
1980 46.61
1981 50.90
1982 52.56
1983 54.33
1984 56.59
1985 53.91
1986 32.65
1987 35.79
1988 29.92
1989 37.98
1990 40.64
1991 36.03
1992 35.51
1993 35.30
1994 45.48
1995 44.87
1996 51.84
1997 56.86
1998 46.06
1999 61.27
2000 72.15
2001 65.49
2002 63.32
2003 61.17
2004 65.86
2005 61.71
2006 62.63
2007 57.07
2008 63.94
2009 55.70
2010 66.18
2011 65.87
2012 65.31
2013 61.99
2014 58.10
2015 47.80
2016 36.38
2017 43.03
2018 52.10
2019 48.17
2020 31.00

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