St. Vincent and the Grenadines - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in St. Vincent and the Grenadines was 299,000,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 330,960,000 in 2007 and a minimum value of 18,949,640 in 1977.

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
1977 18,949,640
1978 25,008,040
1979 32,202,630
1980 37,553,970
1981 45,987,930
1982 50,782,600
1983 54,524,160
1984 58,019,630
1985 62,659,660
1986 72,878,690
1987 81,516,120
1988 93,722,720
1989 103,137,700
1990 106,390,100
1991 117,462,500
1992 134,616,800
1993 142,069,400
1994 147,923,300
1995 153,250,000
1996 157,680,000
1997 178,680,000
1998 194,180,000
1999 188,290,000
2000 182,960,000
2001 195,580,000
2002 194,440,000
2003 210,840,000
2004 236,810,000
2005 243,630,000
2006 271,530,000
2007 330,960,000
2008 300,730,000
2009 295,150,000
2010 303,000,000
2011 286,000,000
2012 284,000,000
2013 299,000,000
2014 290,000,000
2015 314,000,000
2016 309,000,000
2017 321,000,000
2018 328,000,000
2019 311,000,000
2020 299,000,000

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