Mali - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Mali was 21.16 as of 2020. Its highest value over the past 53 years was 25.85 in 2006, while its lowest value was 8.82 in 1967.

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
1967 8.82
1968 10.34
1969 10.05
1970 10.23
1971 10.87
1972 11.31
1973 11.71
1974 12.39
1975 10.13
1976 9.83
1977 9.86
1978 9.81
1979 8.83
1980 14.61
1981 14.35
1982 14.24
1983 16.20
1984 18.01
1985 15.54
1986 15.09
1987 16.48
1988 15.13
1989 15.95
1990 16.33
1991 16.66
1992 16.24
1993 15.58
1994 16.66
1995 17.40
1996 17.06
1997 18.79
1998 19.43
1999 18.23
2000 21.52
2001 22.67
2002 22.60
2003 22.76
2004 22.61
2005 22.63
2006 25.85
2007 23.76
2008 21.71
2009 24.37
2010 22.73
2011 20.65
2012 19.87
2013 17.18
2014 18.38
2015 17.60
2016 17.88
2017 18.85
2018 20.23
2019 20.92
2020 21.16

Limitations and Exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

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