Georgia - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Georgia was $1,480,903,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $1,693,209,000 in 2014 and $357,468,000 in 1999.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 U.S. dollars.

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

See also:

Year Value
1996 $522,902,800
1997 $531,869,000
1998 $479,127,900
1999 $357,468,000
2000 $374,399,200
2001 $393,777,100
2002 $434,804,400
2003 $520,156,600
2004 $626,408,600
2005 $775,362,700
2006 $861,154,800
2007 $1,113,738,000
2008 $1,336,195,000
2009 $1,068,961,000
2010 $1,118,891,000
2011 $1,482,123,000
2012 $1,565,009,000
2013 $1,635,025,000
2014 $1,693,209,000
2015 $1,325,607,000
2016 $1,179,575,000
2017 $1,396,414,000
2018 $1,554,832,000
2019 $1,549,901,000
2020 $1,480,903,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Georgia was 4,604,127,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 4,604,127,000 in 2020 and a minimum value of 653,600,000 in 1996.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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
1996 653,600,000
1997 690,100,000
1998 665,900,000
1999 723,700,000
2000 740,000,000
2001 816,300,000
2002 954,700,000
2003 1,116,100,000
2004 1,200,700,000
2005 1,405,500,000
2006 1,533,200,000
2007 1,860,500,000
2008 1,992,000,000
2009 1,785,700,000
2010 1,994,200,000
2011 2,499,600,000
2012 2,584,300,000
2013 2,719,700,000
2014 2,989,700,000
2015 3,008,200,000
2016 2,791,700,000
2017 3,504,300,000
2018 3,940,100,000
2019 4,367,775,000
2020 4,604,127,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Georgia was 1,371,057,000 as of 2020. Over the past 17 years, the value for this indicator has fluctuated between 1,516,893,000 in 2014 and 690,474,000 in 2003.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 expressed constant 2010 U.S. dollars.

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

See also:

Year Value
2003 690,474,000
2004 742,245,000
2005 842,772,800
2006 977,938,000
2007 1,132,828,000
2008 1,108,132,000
2009 1,033,675,000
2010 1,054,563,000
2011 1,218,882,000
2012 1,357,422,000
2013 1,469,171,000
2014 1,516,893,000
2015 1,325,607,000
2016 1,374,475,000
2017 1,398,572,000
2018 1,456,413,000
2019 1,475,799,000
2020 1,371,057,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Georgia was -7.10 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 16.04 in 2006 and a minimum value of -12.61 in 2015.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.

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

See also:

Year Value
2004 7.50
2005 13.54
2006 16.04
2007 15.84
2008 -2.18
2009 -6.72
2010 2.02
2011 15.58
2012 11.37
2013 8.23
2014 3.25
2015 -12.61
2016 3.69
2017 1.75
2018 4.14
2019 1.33
2020 -7.10

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Georgia was 3,111,444,000 as of 2020. As the graph below shows, over the past 17 years this indicator reached a maximum value of 3,442,400,000 in 2014 and a minimum value of 1,566,945,000 in 2003.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 constant local currency.

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

Year Value
2003 1,566,945,000
2004 1,684,433,000
2005 1,912,568,000
2006 2,219,308,000
2007 2,570,812,000
2008 2,514,768,000
2009 2,345,797,000
2010 2,393,200,000
2011 2,766,100,000
2012 3,080,500,000
2013 3,334,100,000
2014 3,442,400,000
2015 3,008,300,000
2016 3,119,200,000
2017 3,173,886,000
2018 3,305,149,000
2019 3,349,143,000
2020 3,111,444,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Georgia was 9.35 as of 2020. Its highest value over the past 24 years was 16.90 in 1996, while its lowest value was 7.79 in 2016.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1996 16.90
1997 15.15
1998 13.26
1999 12.77
2000 12.25
2001 12.23
2002 12.80
2003 13.03
2004 12.22
2005 12.09
2006 11.12
2007 10.95
2008 10.44
2009 9.93
2010 9.14
2011 9.81
2012 9.49
2013 9.51
2014 9.61
2015 8.86
2016 7.79
2017 8.60
2018 8.83
2019 8.87
2020 9.35

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts