Slovak Republic - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Slovak Republic was 23,688,160,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 27,264,760,000 in 2019 and a minimum value of 6,915,219,000 in 1995.

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 6,915,219,000
1996 8,331,943,000
1997 8,351,554,000
1998 9,221,890,000
1999 8,733,318,000
2000 9,229,427,000
2001 9,804,063,000
2002 10,761,930,000
2003 12,081,640,000
2004 13,989,870,000
2005 14,885,300,000
2006 17,448,050,000
2007 19,353,450,000
2008 20,475,390,000
2009 17,773,390,000
2010 19,906,820,000
2011 20,539,780,000
2012 21,005,610,000
2013 19,867,000,000
2014 22,588,250,000
2015 24,418,140,000
2016 24,167,540,000
2017 24,533,830,000
2018 26,184,000,000
2019 27,264,760,000
2020 23,688,160,000

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