Madagascar - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Madagascar was 1,565 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 2,741 in 2005 and 1,138 in 2012.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 1,385
1996 1,172
1997 1,193
1998 1,221
1999 1,241
2000 1,373
2001 1,578
2002 1,256
2003 1,416
2004 2,009
2005 2,741
2006 2,452
2007 2,217
2008 2,040
2009 1,674
2010 1,466
2011 1,239
2012 1,138
2013 1,363
2014 1,388
2015 1,422
2016 1,411
2017 1,439
2018 1,494
2019 1,565

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Madagascar was $2,540,618,000 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $3,165,862,000 in 2019 and $1,611,736,000 in 2007.

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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 $1,611,736,000
2008 $2,195,285,000
2009 $1,811,167,000
2010 $1,797,639,000
2011 $2,062,378,000
2012 $2,000,393,000
2013 $2,225,011,000
2014 $2,410,642,000
2015 $2,145,813,000
2016 $2,299,809,000
2017 $2,650,067,000
2018 $2,955,924,000
2019 $3,165,862,000
2020 $2,540,618,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Madagascar was 9,623,240,000,000 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 11,455,100,000,000 in 2019 and a minimum value of 3,020,190,000,000 in 2007.

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
2007 3,020,190,000,000
2008 3,750,360,000,000
2009 3,543,020,000,000
2010 3,756,980,000,000
2011 4,176,560,000,000
2012 4,390,800,000,000
2013 4,910,410,000,000
2014 5,821,250,000,000
2015 6,294,760,000,000
2016 7,305,430,000,000
2017 8,257,900,000,000
2018 9,857,280,000,000
2019 11,455,100,000,000
2020 9,623,240,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Madagascar was 2,118,999,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 2,701,285,000 in 2019 and 1,119,713,000 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 constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 1,350,718,000
1996 1,157,191,000
1997 1,186,271,000
1998 1,219,850,000
1999 1,240,671,000
2000 1,334,799,000
2001 1,449,722,000
2002 1,119,713,000
2003 1,232,738,000
2004 1,289,814,000
2005 1,329,316,000
2006 1,374,738,000
2007 1,441,356,000
2008 1,668,593,000
2009 1,478,648,000
2010 1,515,218,000
2011 1,542,317,000
2012 1,644,826,000
2013 1,886,414,000
2014 1,991,191,000
2015 2,145,813,000
2016 2,258,376,000
2017 2,397,617,000
2018 2,498,231,000
2019 2,701,285,000
2020 2,118,999,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Madagascar was -21.56 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 15.77 in 2008 and a minimum value of -22.76 in 2002.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 -14.33
1997 2.51
1998 2.83
1999 1.71
2000 7.59
2001 8.61
2002 -22.76
2003 10.09
2004 4.63
2005 3.06
2006 3.42
2007 4.85
2008 15.77
2009 -11.38
2010 2.47
2011 1.79
2012 6.65
2013 14.69
2014 5.55
2015 7.77
2016 5.25
2017 6.17
2018 4.20
2019 8.13
2020 -21.56

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Madagascar was 4,440,110,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 5,660,230,000,000 in 2019 and a minimum value of 2,346,230,000,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 2,830,270,000,000
1996 2,424,760,000,000
1997 2,485,690,000,000
1998 2,556,050,000,000
1999 2,599,680,000,000
2000 2,796,920,000,000
2001 3,037,720,000,000
2002 2,346,230,000,000
2003 2,583,060,000,000
2004 2,702,650,000,000
2005 2,785,430,000,000
2006 2,880,600,000,000
2007 3,020,190,000,000
2008 3,496,340,000,000
2009 3,098,330,000,000
2010 3,174,960,000,000
2011 3,231,750,000,000
2012 3,446,540,000,000
2013 3,952,760,000,000
2014 4,172,310,000,000
2015 4,496,300,000,000
2016 4,732,160,000,000
2017 5,023,930,000,000
2018 5,234,750,000,000
2019 5,660,230,000,000
2020 4,440,110,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Madagascar was 19.46 as of 2020. Its highest value over the past 13 years was 22.45 in 2019, while its lowest value was 17.28 in 2012.

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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 18.91
2008 20.47
2009 18.83
2010 18.01
2011 17.85
2012 17.28
2013 17.91
2014 19.25
2015 18.95
2016 19.41
2017 20.11
2018 21.48
2019 22.45
2020 19.46

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts