Guinea - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Guinea was 49,092,500,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 49,092,500,000,000 in 2020 and a minimum value of 228,700,000,000 in 1986.

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
1986 228,700,000,000
1987 300,600,000,000
1988 377,899,000,000
1989 477,600,000,000
1990 609,299,000,000
1991 695,010,000,000
1992 796,249,000,000
1993 890,623,000,000
1994 830,164,000,000
1995 1,029,360,000,000
1996 1,153,660,000,000
1997 1,193,170,000,000
1998 1,369,390,000,000
1999 1,385,770,000,000
2000 1,642,080,000,000
2001 1,755,910,000,000
2002 1,825,780,000,000
2003 2,170,210,000,000
2004 2,488,780,000,000
2005 3,431,600,000,000
2006 7,447,300,000,000
2007 8,113,080,000,000
2008 10,554,000,000,000
2009 10,412,600,000,000
2010 12,681,100,000,000
2011 14,733,800,000,000
2012 16,848,800,000,000
2013 17,151,500,000,000
2014 18,283,700,000,000
2015 17,329,300,000,000
2016 23,206,400,000,000
2017 29,702,200,000,000
2018 32,991,900,000,000
2019 35,414,600,000,000
2020 49,092,500,000,000

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