Myanmar - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Myanmar was 41,361,200,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 41,361,200,000,000 in 2020 and a minimum value of 311,432,000,000 in 2001.

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
2001 311,432,000,000
2002 553,558,000,000
2003 915,963,000,000
2004 1,293,070,000,000
2005 1,818,790,000,000
2006 2,696,850,000,000
2007 4,002,360,000,000
2008 5,694,330,000,000
2009 7,470,430,000,000
2010 9,421,510,000,000
2011 12,509,300,000,000
2012 15,542,300,000,000
2013 17,684,000,000,000
2014 20,641,200,000,000
2015 23,786,200,000,000
2016 25,168,400,000,000
2017 29,333,000,000,000
2018 34,093,200,000,000
2019 39,956,900,000,000
2020 41,361,200,000,000

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