South Africa - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in South Africa was 899,407,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,050,220,000,000 in 2013 and a minimum value of 354,570,000,000 in 1960.

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
1960 354,570,000,000
1961 371,543,000,000
1962 398,750,000,000
1963 428,747,000,000
1964 472,095,000,000
1965 498,008,000,000
1966 519,270,000,000
1967 530,514,000,000
1968 554,523,000,000
1969 582,539,000,000
1970 613,218,000,000
1971 619,183,000,000
1972 616,379,000,000
1973 635,827,000,000
1974 632,843,000,000
1975 630,504,000,000
1976 657,060,000,000
1977 653,228,000,000
1978 671,867,000,000
1979 705,474,000,000
1980 734,023,000,000
1981 762,006,000,000
1982 752,522,000,000
1983 728,156,000,000
1984 757,316,000,000
1985 741,088,000,000
1986 727,004,000,000
1987 718,101,000,000
1988 733,924,000,000
1989 740,737,000,000
1990 730,598,000,000
1991 707,969,000,000
1992 702,447,000,000
1993 707,294,000,000
1994 724,039,000,000
1995 743,132,000,000
1996 757,500,000,000
1997 777,389,000,000
1998 766,064,000,000
1999 763,886,000,000
2000 798,912,000,000
2001 811,340,000,000
2002 832,735,000,000
2003 841,947,000,000
2004 880,455,000,000
2005 926,685,000,000
2006 969,888,000,000
2007 1,015,640,000,000
2008 1,022,830,000,000
2009 961,359,000,000
2010 1,005,530,000,000
2011 1,022,260,000,000
2012 1,030,410,000,000
2013 1,050,220,000,000
2014 1,043,860,000,000
2015 1,049,160,000,000
2016 1,041,960,000,000
2017 1,037,600,000,000
2018 1,046,370,000,000
2019 1,028,960,000,000
2020 899,407,000,000

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