North Macedonia - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in North Macedonia was 96,500,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 102,769,000,000 in 2015 and a minimum value of 39,500,870,000 in 1994.

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
1990 67,583,210,000
1991 57,269,180,000
1992 49,530,880,000
1993 43,170,010,000
1994 39,500,870,000
1995 44,244,480,000
1996 44,768,800,000
1997 46,175,540,000
1998 47,654,890,000
1999 49,843,320,000
2000 51,869,000,000
2001 50,447,000,000
2002 51,618,000,000
2003 56,777,000,000
2004 58,282,000,000
2005 62,806,000,000
2006 67,168,000,000
2007 60,239,000,000
2008 63,545,000,000
2009 66,831,000,000
2010 72,275,000,000
2011 87,133,000,000
2012 82,752,000,000
2013 89,076,000,000
2014 96,728,000,000
2015 102,769,000,000
2016 99,803,000,000
2017 101,326,000,000
2018 99,303,000,000
2019 102,366,000,000
2020 96,500,000,000

Base Period: varies by country

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