Czech Republic - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Czech Republic was 1,751,510,000,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 1,824,920,000,000 in 2019 and a minimum value of 415,415,000,000 in 1993.

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
1993 415,415,000,000
1994 479,586,000,000
1995 564,861,000,000
1996 661,187,000,000
1997 703,649,000,000
1998 750,274,000,000
1999 760,859,000,000
2000 799,197,000,000
2001 874,561,000,000
2002 893,656,000,000
2003 913,168,000,000
2004 1,033,990,000,000
2005 1,104,530,000,000
2006 1,212,270,000,000
2007 1,319,290,000,000
2008 1,360,730,000,000
2009 1,304,440,000,000
2010 1,324,470,000,000
2011 1,367,000,000,000
2012 1,346,170,000,000
2013 1,352,470,000,000
2014 1,470,580,000,000
2015 1,562,540,000,000
2016 1,602,600,000,000
2017 1,671,640,000,000
2018 1,717,950,000,000
2019 1,824,920,000,000
2020 1,751,510,000,000

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