Guinea-Bissau - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Guinea-Bissau was 111,090,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 111,873,000,000 in 2019 and a minimum value of 9,184,600 in 1970.

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
1970 9,184,600
1971 9,336,900
1972 10,607,700
1973 12,863,100
1974 15,309,200
1975 17,609,200
1976 11,484,600
1977 16,021,500
1978 17,015,400
1979 17,984,600
1980 15,895,400
1981 16,256,900
1982 17,869,200
1983 16,923,100
1984 36,923,100
1985 55,384,600
1986 148,107,700
1987 183,800,000
1988 378,092,300
1989 970,923,100
1990 1,428,723,000
1991 1,338,461,000
1992 2,507,692,000
1993 3,553,846,000
1994 5,078,046,000
1995 8,104,292,000
1996 11,965,510,000
1997 23,555,000,000
1998 15,199,000,000
1999 16,700,000,000
2000 37,186,000,000
2001 40,972,000,000
2002 46,828,000,000
2003 48,414,000,000
2004 43,736,000,000
2005 44,504,000,000
2006 43,333,000,000
2007 44,031,000,000
2008 53,749,000,000
2009 52,162,000,000
2010 55,263,000,000
2011 64,277,000,000
2012 68,400,000,000
2013 74,527,000,000
2014 75,084,000,000
2015 75,941,000,000
2016 87,710,000,000
2017 98,784,000,000
2018 105,849,000,000
2019 111,873,000,000
2020 111,090,000,000

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