Malta - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Malta was 1,723,377,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,723,377,000 in 2020 and a minimum value of 105,254,000 in 1971.

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
1970 111,663,000
1971 105,254,000
1972 123,962,200
1973 145,903,600
1974 185,984,900
1975 260,092,100
1976 333,083,500
1977 388,986,900
1978 450,710,100
1979 532,068,700
1980 615,826,700
1981 656,038,400
1982 697,180,900
1983 672,935,600
1984 682,891,200
1985 695,474,900
1986 734,400,100
1987 757,086,200
1988 813,657,100
1989 899,297,900
1990 957,511,400
1991 1,034,268,000
1992 1,049,301,000
1993 1,097,469,000
1994 1,237,295,000
1995 805,742,800
1996 831,169,100
1997 872,190,600
1998 955,025,700
1999 952,763,000
2000 1,118,849,000
2001 1,024,058,000
2002 1,119,353,000
2003 1,185,105,000
2004 1,092,179,000
2005 1,081,591,000
2006 1,077,607,000
2007 1,057,490,000
2008 1,196,172,000
2009 1,097,998,000
2010 1,197,282,000
2011 1,131,332,000
2012 1,099,170,000
2013 1,158,856,000
2014 1,136,667,000
2015 1,228,955,000
2016 1,304,220,000
2017 1,411,196,000
2018 1,559,268,000
2019 1,708,252,000
2020 1,723,377,000

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