Micronesia - Industry
Industry, value added (current US$)
The latest value for Industry, value added (current US$) in Micronesia was $19,932,200 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $27,286,500 in 2012 and $8,089,300 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 |
|---|---|
| 1995 | $15,194,800 |
| 1996 | $16,556,900 |
| 1997 | $14,568,600 |
| 1998 | $17,842,900 |
| 1999 | $17,288,200 |
| 2000 | $19,087,500 |
| 2001 | $19,889,000 |
| 2002 | $16,459,400 |
| 2003 | $16,289,400 |
| 2004 | $14,699,700 |
| 2005 | $13,143,100 |
| 2006 | $10,280,000 |
| 2007 | $8,089,300 |
| 2008 | $9,892,300 |
| 2009 | $19,301,500 |
| 2010 | $21,485,300 |
| 2011 | $25,410,200 |
| 2012 | $27,286,500 |
| 2013 | $23,176,400 |
| 2014 | $19,252,300 |
| 2015 | $19,347,900 |
| 2016 | $20,091,900 |
| 2017 | $19,907,900 |
| 2018 | $19,559,800 |
| 2019 | $19,849,800 |
| 2020 | $19,932,200 |
Industry, value added (current LCU)
The value for Industry, value added (current LCU) in Micronesia was 19,932,200 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 27,286,500 in 2012 and a minimum value of 8,089,300 in 2007.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 15,194,800 |
| 1996 | 16,556,900 |
| 1997 | 14,568,600 |
| 1998 | 17,842,900 |
| 1999 | 17,288,200 |
| 2000 | 19,087,500 |
| 2001 | 19,889,000 |
| 2002 | 16,459,400 |
| 2003 | 16,289,400 |
| 2004 | 14,699,700 |
| 2005 | 13,143,100 |
| 2006 | 10,280,000 |
| 2007 | 8,089,300 |
| 2008 | 9,892,300 |
| 2009 | 19,301,500 |
| 2010 | 21,485,300 |
| 2011 | 25,410,200 |
| 2012 | 27,286,500 |
| 2013 | 23,176,400 |
| 2014 | 19,252,300 |
| 2015 | 19,347,900 |
| 2016 | 20,091,900 |
| 2017 | 19,907,900 |
| 2018 | 19,559,800 |
| 2019 | 19,849,800 |
| 2020 | 19,932,200 |
Industry, value added (constant 2010 US$)
The latest value for Industry, value added (constant 2010 US$) in Micronesia was 17,218,700 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 36,618,970 in 2011 and 17,218,700 in 2020.
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 | 33,497,350 |
| 1996 | 30,356,630 |
| 1997 | 25,296,540 |
| 1998 | 29,209,220 |
| 1999 | 29,425,430 |
| 2000 | 31,352,930 |
| 2001 | 32,305,360 |
| 2002 | 28,359,420 |
| 2003 | 27,065,510 |
| 2004 | 26,008,520 |
| 2005 | 25,377,580 |
| 2006 | 20,082,350 |
| 2007 | 18,534,010 |
| 2008 | 20,456,380 |
| 2009 | 27,716,440 |
| 2010 | 32,716,020 |
| 2011 | 36,618,970 |
| 2012 | 36,146,560 |
| 2013 | 28,898,170 |
| 2014 | 20,626,940 |
| 2015 | 19,347,900 |
| 2016 | 20,585,360 |
| 2017 | 21,172,960 |
| 2018 | 19,616,840 |
| 2019 | 19,121,600 |
| 2020 | 17,218,700 |
Industry, value added (annual % growth)
The value for Industry, value added (annual % growth) in Micronesia was -9.95 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 35.49 in 2009 and a minimum value of -28.62 in 2014.
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 | -9.38 |
| 1997 | -16.67 |
| 1998 | 15.47 |
| 1999 | 0.74 |
| 2000 | 6.55 |
| 2001 | 3.04 |
| 2002 | -12.21 |
| 2003 | -4.56 |
| 2004 | -3.91 |
| 2005 | -2.43 |
| 2006 | -20.87 |
| 2007 | -7.71 |
| 2008 | 10.37 |
| 2009 | 35.49 |
| 2010 | 18.04 |
| 2011 | 11.93 |
| 2012 | -1.29 |
| 2013 | -20.05 |
| 2014 | -28.62 |
| 2015 | -6.20 |
| 2016 | 6.40 |
| 2017 | 2.85 |
| 2018 | -7.35 |
| 2019 | -2.52 |
| 2020 | -9.95 |
Industry, value added (constant LCU)
The value for Industry, value added (constant LCU) in Micronesia was 9,731,800 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 20,696,600 in 2011 and a minimum value of 9,731,800 in 2020.
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 | 18,932,300 |
| 1996 | 17,157,200 |
| 1997 | 14,297,300 |
| 1998 | 16,508,700 |
| 1999 | 16,630,900 |
| 2000 | 17,720,300 |
| 2001 | 18,258,600 |
| 2002 | 16,028,400 |
| 2003 | 15,297,100 |
| 2004 | 14,699,700 |
| 2005 | 14,343,100 |
| 2006 | 11,350,300 |
| 2007 | 10,475,200 |
| 2008 | 11,561,700 |
| 2009 | 15,665,000 |
| 2010 | 18,490,700 |
| 2011 | 20,696,600 |
| 2012 | 20,429,600 |
| 2013 | 16,332,900 |
| 2014 | 11,658,100 |
| 2015 | 10,935,200 |
| 2016 | 11,634,600 |
| 2017 | 11,966,700 |
| 2018 | 11,087,200 |
| 2019 | 10,807,300 |
| 2020 | 9,731,800 |
Industry, value added (% of GDP)
Industry, value added (% of GDP) in Micronesia was 4.86 as of 2020. Its highest value over the past 25 years was 8.34 in 2012, while its lowest value was 3.15 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 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 6.86 |
| 1996 | 7.58 |
| 1997 | 7.05 |
| 1998 | 8.15 |
| 1999 | 7.85 |
| 2000 | 8.18 |
| 2001 | 8.25 |
| 2002 | 6.79 |
| 2003 | 6.64 |
| 2004 | 6.12 |
| 2005 | 5.25 |
| 2006 | 4.05 |
| 2007 | 3.15 |
| 2008 | 3.76 |
| 2009 | 6.89 |
| 2010 | 7.24 |
| 2011 | 8.16 |
| 2012 | 8.34 |
| 2013 | 7.31 |
| 2014 | 6.03 |
| 2015 | 6.11 |
| 2016 | 6.05 |
| 2017 | 5.43 |
| 2018 | 4.87 |
| 2019 | 4.86 |
| 2020 | 4.86 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
