Georgia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Georgia was 10,433,490,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 10,433,490,000 in 2020 and a minimum value of 3,700 in 1980.

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
1980 3,700
1981 4,100
1982 4,600
1983 4,500
1984 4,700
1985 5,200
1986 4,700
1987 5,000
1988 5,100
1989 5,200
1990 4,700
1991 6,600
1992 35,300
1996 891,300,000
1997 1,012,100,000
1998 1,094,800,000
1999 1,203,500,000
2000 1,268,900,000
2001 1,370,600,000
2002 1,695,300,000
2003 2,062,700,000
2004 2,375,100,000
2005 2,760,900,000
2006 2,994,400,000
2007 3,551,800,000
2008 3,613,500,000
2009 3,404,100,000
2010 3,677,400,000
2011 4,574,600,000
2012 5,220,100,000
2013 5,293,400,000
2014 5,819,700,000
2015 6,499,400,000
2016 6,900,400,000
2017 8,239,700,000
2018 8,883,200,000
2019 10,004,470,000
2020 10,433,490,000

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