St. Vincent and the Grenadines - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in St. Vincent and the Grenadines was 12,454 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 14,995 in 2007 and 11,114 in 1991.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 11,114
1992 12,055
1993 12,036
1994 12,252
1995 12,385
1996 12,229
1997 12,731
1998 13,049
1999 12,947
2000 11,972
2001 12,034
2002 12,262
2003 13,474
2004 13,952
2005 14,232
2006 14,424
2007 14,995
2008 14,225
2009 13,608
2010 13,159
2011 12,995
2012 12,708
2013 12,828
2014 12,315
2015 12,856
2016 12,729
2017 13,019
2018 13,265
2019 12,454

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in St. Vincent and the Grenadines was $110,740,700 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $122,577,800 in 2007 and $7,018,387 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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 $7,018,387
1978 $9,262,238
1979 $11,926,900
1980 $13,908,880
1981 $17,032,570
1982 $18,808,370
1983 $20,194,130
1984 $21,488,750
1985 $23,207,280
1986 $26,992,110
1987 $30,191,160
1988 $34,712,120
1989 $38,199,150
1990 $39,403,730
1991 $43,504,630
1992 $49,858,080
1993 $52,618,300
1994 $54,786,410
1995 $56,759,260
1996 $58,400,000
1997 $66,177,780
1998 $71,918,520
1999 $69,737,040
2000 $67,762,960
2001 $72,437,040
2002 $72,014,820
2003 $78,088,890
2004 $87,707,410
2005 $90,233,340
2006 $100,566,700
2007 $122,577,800
2008 $111,381,500
2009 $109,314,800
2010 $112,222,200
2011 $105,925,900
2012 $105,185,200
2013 $110,740,700
2014 $107,407,400
2015 $116,296,300
2016 $114,444,400
2017 $118,888,900
2018 $121,481,500
2019 $115,185,200
2020 $110,740,700

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

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in St. Vincent and the Grenadines was 111,494,200 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between 137,206,800 in 2007 and 34,411,250 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 constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 34,411,250
1978 39,190,330
1979 46,165,540
1980 48,466,350
1981 49,600,020
1982 51,521,840
1983 53,140,280
1984 55,703,260
1985 57,132,250
1986 63,320,440
1987 69,544,980
1988 73,378,040
1989 81,036,920
1990 77,637,050
1991 80,209,260
1992 88,805,490
1993 90,250,870
1994 92,090,880
1995 94,686,860
1996 93,522,000
1997 99,683,900
1998 104,352,900
1999 103,007,300
2000 94,463,400
2001 95,984,860
2002 99,498,470
2003 112,697,100
2004 119,244,100
2005 123,138,100
2006 129,100,300
2007 137,206,800
2008 129,604,300
2009 122,344,100
2010 117,104,600
2011 115,488,000
2012 113,110,700
2013 115,297,800
2014 110,400,700
2015 116,296,300
2016 115,868,400
2017 119,957,300
2018 123,523,200
2019 116,629,100
2020 111,494,200

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in St. Vincent and the Grenadines was -4.40 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 17.80 in 1979 and a minimum value of -8.29 in 2000.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1978 13.89
1979 17.80
1980 4.98
1981 2.34
1982 3.87
1983 3.14
1984 4.82
1985 2.57
1986 10.83
1987 9.83
1988 5.51
1989 10.44
1990 -4.20
1991 3.31
1992 10.72
1993 1.63
1994 2.04
1995 2.82
1996 -1.23
1997 6.59
1998 4.68
1999 -1.29
2000 -8.29
2001 1.61
2002 3.66
2003 13.27
2004 5.81
2005 3.27
2006 4.84
2007 6.28
2008 -5.54
2009 -5.60
2010 -4.28
2011 -1.38
2012 -2.06
2013 1.93
2014 -4.25
2015 5.34
2016 -0.37
2017 3.53
2018 2.97
2019 -5.58
2020 -4.40

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in St. Vincent and the Grenadines was 234,500,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 288,580,000 in 2007 and a minimum value of 72,375,400 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1977 72,375,400
1978 82,426,990
1979 97,097,600
1980 101,936,800
1981 104,321,200
1982 108,363,200
1983 111,767,200
1984 117,157,800
1985 120,163,300
1986 133,178,600
1987 146,270,400
1988 154,332,200
1989 170,440,800
1990 163,290,000
1991 168,700,000
1992 186,780,000
1993 189,820,000
1994 193,690,000
1995 199,150,000
1996 196,700,000
1997 209,660,000
1998 219,480,000
1999 216,650,000
2000 198,680,000
2001 201,880,000
2002 209,270,000
2003 237,030,000
2004 250,800,000
2005 258,990,000
2006 271,530,000
2007 288,580,000
2008 272,590,000
2009 257,320,000
2010 246,300,000
2011 242,900,000
2012 237,900,000
2013 242,500,000
2014 232,200,000
2015 244,600,000
2016 243,700,000
2017 252,300,000
2018 259,800,000
2019 245,300,000
2020 234,500,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in St. Vincent and the Grenadines was 13.71 as of 2020. Its highest value over the past 43 years was 19.25 in 1998, while its lowest value was 13.71 in 2020.

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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 14.22
1978 15.22
1979 16.78
1980 16.89
1981 16.68
1982 16.53
1983 16.52
1984 15.91
1985 15.93
1986 16.78
1987 17.20
1988 17.29
1989 17.79
1990 16.39
1991 17.07
1992 17.94
1993 18.38
1994 18.93
1995 17.96
1996 17.62
1997 19.03
1998 19.25
1999 17.85
2000 17.10
2001 16.84
2002 15.59
2003 16.21
2004 16.80
2005 16.38
2006 16.46
2007 17.91
2008 16.02
2009 16.20
2010 16.47
2011 15.67
2012 15.18
2013 15.35
2014 14.76
2015 15.40
2016 14.78
2017 15.01
2018 14.97
2019 13.96
2020 13.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts