Liberia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Liberia was 538,320,100 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 620,133,600 in 2013 and a minimum value of 30,063,500 in 2002.

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
2000 37,120,100
2001 37,926,800
2002 30,063,500
2003 31,034,800
2004 69,311,100
2005 68,500,600
2006 86,199,500
2007 108,869,500
2008 122,459,000
2009 88,572,200
2010 99,892,300
2011 199,036,800
2012 407,266,500
2013 620,133,600
2014 598,513,600
2015 542,950,500
2016 467,977,400
2017 523,580,600
2018 579,262,400
2019 563,986,400
2020 538,320,100

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