Jamaica - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Jamaica was 401,081,000,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 412,517,000,000 in 2018 and a minimum value of 38,612,000,000 in 1993.

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
1993 38,612,000,000
1994 50,816,000,000
1995 63,477,000,000
1996 69,946,000,000
1997 72,303,000,000
1998 73,771,000,000
1999 79,641,000,000
2000 87,341,000,000
2001 94,385,000,000
2002 100,336,000,000
2003 117,029,000,000
2004 138,594,000,000
2005 153,365,000,000
2006 166,437,000,000
2007 188,776,000,000
2008 196,378,000,000
2009 192,725,000,000
2010 207,343,000,000
2011 226,416,000,000
2012 236,462,000,000
2013 259,196,000,000
2014 283,173,000,000
2015 319,754,000,000
2016 336,559,000,000
2017 368,337,000,000
2018 412,517,000,000
2019 406,334,000,000
2020 401,081,000,000

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