Maldives - Industry

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

The latest value for Industry, value added per worker (constant 2010 US$) in Maldives was 11,810 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 16,186 in 2008 and 4,141 in 1996.

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 4,359
1996 4,141
1997 4,870
1998 5,623
1999 6,070
2000 5,632
2001 6,251
2002 6,414
2003 7,192
2004 9,096
2005 10,981
2006 12,456
2007 14,607
2008 16,186
2009 12,512
2010 11,865
2011 11,926
2012 11,030
2013 9,187
2014 9,407
2015 10,357
2016 10,648
2017 11,258
2018 12,148
2019 11,810

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Maldives was $442,752,700 as of 2020. Over the past 17 years, the value for this indicator has fluctuated between $678,916,800 in 2018 and $130,204,800 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 current U.S. dollars.

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

See also:

Year Value
2003 $130,204,800
2004 $135,672,800
2005 $136,484,900
2006 $149,921,800
2007 $163,399,700
2008 $260,087,700
2009 $225,623,200
2010 $244,110,400
2011 $279,501,600
2012 $282,578,900
2013 $265,525,300
2014 $311,091,900
2015 $438,903,700
2016 $488,080,600
2017 $534,763,900
2018 $678,916,800
2019 $652,879,600
2020 $442,752,700

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Maldives was 6,810,111,000 as of 2020. As the graph below shows, over the past 17 years this indicator reached a maximum value of 10,449,070,000 in 2018 and a minimum value of 1,666,622,000 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 current local currency.

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

Year Value
2003 1,666,622,000
2004 1,736,612,000
2005 1,747,006,000
2006 1,918,999,000
2007 2,091,517,000
2008 3,329,123,000
2009 2,887,976,000
2010 3,124,614,000
2011 4,081,282,000
2012 4,341,769,000
2013 4,080,248,000
2014 4,784,717,000
2015 6,744,326,000
2016 7,501,018,000
2017 8,228,411,000
2018 10,449,070,000
2019 10,042,590,000
2020 6,810,111,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Maldives was 474,601,200 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 636,073,900 in 2019 and 80,234,850 in 1996.

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 80,809,350
1996 80,234,850
1997 98,841,900
1998 119,465,200
1999 134,826,100
2000 129,759,400
2001 144,563,100
2002 152,255,400
2003 176,444,500
2004 218,712,500
2005 249,915,100
2006 281,146,300
2007 320,916,800
2008 353,373,000
2009 264,241,600
2010 283,560,600
2011 326,806,700
2012 340,154,600
2013 319,816,900
2014 371,504,100
2015 438,903,700
2016 477,970,600
2017 540,117,400
2018 623,983,200
2019 636,073,900
2020 474,601,200

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Maldives was -25.39 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 23.96 in 2004 and a minimum value of -25.39 in 2020.

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 -0.71
1997 23.19
1998 20.86
1999 12.86
2000 -3.76
2001 11.41
2002 5.32
2003 15.89
2004 23.96
2005 14.27
2006 12.50
2007 14.15
2008 10.11
2009 -25.22
2010 7.31
2011 15.25
2012 4.08
2013 -5.98
2014 16.16
2015 18.14
2016 8.90
2017 13.00
2018 15.53
2019 1.94
2020 -25.39

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Maldives was 6,112,536,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 8,192,193,000 in 2019 and a minimum value of 1,033,369,000 in 1996.

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 1,040,769,000
1996 1,033,369,000
1997 1,273,016,000
1998 1,538,629,000
1999 1,736,467,000
2000 1,671,212,000
2001 1,861,873,000
2002 1,960,944,000
2003 2,272,484,000
2004 2,816,866,000
2005 3,218,735,000
2006 3,620,970,000
2007 4,133,187,000
2008 4,551,201,000
2009 3,403,250,000
2010 3,652,066,000
2011 4,209,044,000
2012 4,380,957,000
2013 4,119,021,000
2014 4,784,717,000
2015 5,652,777,000
2016 6,155,932,000
2017 6,956,341,000
2018 8,036,474,000
2019 8,192,193,000
2020 6,112,536,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Maldives was 11.83 as of 2020. Its highest value over the past 17 years was 12.81 in 2018, while its lowest value was 8.06 in 2013.

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
2003 12.38
2004 11.06
2005 11.73
2006 9.52
2007 8.75
2008 11.45
2009 9.62
2010 9.43
2011 10.07
2012 9.79
2013 8.06
2014 8.41
2015 10.68
2016 11.15
2017 11.25
2018 12.81
2019 11.64
2020 11.83

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts