Grenada - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Grenada was 368,425,400 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 446,668,700 in 2019 and a minimum value of 20,938,670 in 1977.

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
1977 20,938,670
1978 25,076,000
1979 30,915,950
1980 30,542,440
1981 36,522,010
1982 46,472,140
1983 46,335,840
1984 49,087,400
1985 58,182,080
1986 67,700,330
1987 82,287,160
1988 92,016,300
1989 97,019,100
1990 99,877,170
1991 124,436,000
1992 127,907,400
1993 124,526,700
1994 135,694,100
1995 146,436,100
1996 154,112,900
1997 171,227,500
1998 200,445,400
1999 226,010,700
2000 251,471,100
2001 232,024,500
2002 242,429,300
2003 271,416,500
2004 270,334,000
2005 429,082,600
2006 366,406,700
2007 385,487,600
2008 391,500,000
2009 306,658,000
2010 306,214,300
2011 280,518,400
2012 266,029,300
2013 304,811,800
2014 315,269,900
2015 331,763,100
2016 348,420,000
2017 386,481,300
2018 423,094,500
2019 446,668,700
2020 368,425,400

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