Somalia - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Somalia was 6,918,001,000 as of 1990. As the graph below shows, over the past 20 years this indicator reached a maximum value of 9,747,300,000 in 1972 and a minimum value of 6,002,999,000 in 1978.

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
1970 9,285,501,000
1971 9,623,699,000
1972 9,747,300,000
1973 8,079,999,000
1974 8,235,700,000
1975 7,943,000,000
1976 8,871,502,000
1977 9,662,001,000
1978 6,002,999,000
1979 7,261,000,000
1980 7,580,000,000
1981 6,374,998,000
1982 7,290,999,000
1983 6,067,999,000
1984 6,246,998,000
1985 6,395,998,000
1986 8,253,002,000
1987 8,660,001,000
1988 7,894,000,000
1989 6,975,001,000
1990 6,918,001,000

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