North Macedonia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in North Macedonia was 150,167,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 164,190,000,000 in 2019 and a minimum value of 199,155,000 in 1990.

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
1990 199,155,000
1991 273,890,000
1992 4,117,076,000
1993 18,489,560,000
1994 37,379,580,000
1995 42,932,260,000
1996 44,202,840,000
1997 55,184,020,000
1998 56,921,210,000
1999 58,466,930,000
2000 53,226,000,000
2001 51,959,000,000
2002 50,108,000,000
2003 60,425,000,000
2004 59,073,000,000
2005 62,806,000,000
2006 72,535,000,000
2007 76,744,000,000
2008 81,041,000,000
2009 78,665,000,000
2010 92,017,000,000
2011 100,229,000,000
2012 98,385,000,000
2013 111,121,000,000
2014 120,419,000,000
2015 133,714,000,000
2016 142,531,000,000
2017 149,946,000,000
2018 158,944,000,000
2019 164,190,000,000
2020 150,167,000,000

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