Grenada - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Grenada was 314,095,400 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 465,912,800 in 2005 and a minimum value of 69,817,020 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 constant local currency.

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

Year Value
1977 69,817,020
1978 76,588,660
1979 86,997,620
1980 82,402,360
1981 87,234,000
1982 99,183,630
1983 94,707,380
1984 89,656,900
1985 102,120,300
1986 114,729,000
1987 133,380,400
1988 144,354,000
1989 146,346,800
1990 147,102,000
1991 157,548,500
1992 158,250,700
1993 156,475,500
1994 164,991,300
1995 173,776,600
1996 183,048,100
1997 198,205,400
1998 231,308,000
1999 250,079,600
2000 280,230,400
2001 255,031,400
2002 261,201,800
2003 297,149,700
2004 295,229,400
2005 465,912,800
2006 366,406,700
2007 359,672,700
2008 343,883,400
2009 277,472,900
2010 274,353,800
2011 258,168,700
2012 235,731,700
2013 261,247,000
2014 256,915,600
2015 270,599,300
2016 292,680,000
2017 336,738,600
2018 370,438,200
2019 368,540,000
2020 314,095,400

Base Period: varies by country

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