Liberia - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Liberia was 537,643,200 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 549,302,800 in 2014 and a minimum value of 44,240,620 in 2003.

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
2000 78,306,340
2001 59,554,550
2002 49,271,260
2003 44,240,620
2004 86,615,580
2005 93,138,610
2006 107,714,000
2007 123,628,100
2008 146,743,500
2009 243,968,900
2010 240,483,600
2011 292,762,700
2012 428,688,200
2013 523,156,000
2014 549,302,800
2015 530,072,600
2016 467,977,400
2017 506,331,900
2018 531,361,600
2019 536,429,800
2020 537,643,200

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