Jamaica - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Jamaica was 157,262,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 207,551,000,000 in 1972 and a minimum value of 132,309,000,000 in 1985.

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
1966 156,833,000,000
1967 155,862,000,000
1968 167,465,000,000
1969 166,543,000,000
1970 190,768,000,000
1971 196,048,000,000
1972 207,551,000,000
1973 206,705,000,000
1974 204,140,000,000
1975 195,947,000,000
1976 173,266,000,000
1977 162,858,000,000
1978 160,967,000,000
1979 155,788,000,000
1980 140,998,000,000
1981 142,219,000,000
1982 139,728,000,000
1983 143,836,000,000
1984 138,633,000,000
1985 132,309,000,000
1986 135,334,000,000
1987 146,571,000,000
1988 156,342,000,000
1989 177,541,000,000
1990 187,217,000,000
1991 183,544,000,000
1992 184,874,000,000
1993 189,041,000,000
1994 188,832,000,000
1995 191,024,000,000
1996 183,562,000,000
1997 179,735,000,000
1998 174,976,000,000
1999 174,222,000,000
2000 173,606,000,000
2001 173,682,000,000
2002 173,199,000,000
2003 178,064,000,000
2004 184,878,000,000
2005 188,449,000,000
2006 185,976,000,000
2007 188,776,000,000
2008 182,771,000,000
2009 159,094,000,000
2010 153,945,000,000
2011 158,353,000,000
2012 153,820,000,000
2013 154,627,000,000
2014 154,894,000,000
2015 157,360,000,000
2016 159,060,000,000
2017 160,385,000,000
2018 168,023,000,000
2019 166,763,000,000
2020 157,262,000,000

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