Malawi - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Malawi was 1,688,390,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,688,390,000,000 in 2020 and a minimum value of 11,600,000 in 1960.

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
1960 11,600,000
1961 12,600,000
1962 12,700,000
1963 12,100,000
1964 17,200,000
1965 20,900,000
1966 26,300,000
1967 28,800,000
1968 32,100,000
1969 34,800,000
1970 39,400,000
1971 44,600,000
1972 52,900,000
1973 57,300,000
1974 73,900,000
1975 100,600,000
1976 107,100,000
1977 127,600,000
1978 143,300,000
1979 201,527,600
1980 203,254,000
1981 217,126,900
1982 237,877,400
1983 278,264,200
1984 306,902,600
1985 379,023,400
1986 426,183,900
1987 571,533,000
1988 735,600,000
1989 1,041,244,000
1990 1,268,018,000
1991 1,507,229,000
1992 1,839,671,000
1993 2,012,834,000
1994 1,995,187,000
1995 3,708,696,000
1996 6,115,740,000
1997 7,365,461,000
1998 8,996,593,000
1999 12,978,200,000
2000 16,775,180,000
2001 18,814,460,000
2002 45,046,710,000
2003 56,202,110,000
2004 59,242,980,000
2005 64,361,170,000
2006 88,641,900,000
2007 112,123,000,000
2008 120,148,000,000
2009 133,986,000,000
2010 159,350,000,000
2011 193,096,000,000
2012 225,769,000,000
2013 297,323,000,000
2014 376,435,000,000
2015 471,474,000,000
2016 571,341,000,000
2017 1,159,160,000,000
2018 1,329,320,000,000
2019 1,523,590,000,000
2020 1,688,390,000,000

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