Syrian Arab Republic - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Syrian Arab Republic was 18.08 as of 2019. Its highest value over the past 49 years was 34.98 in 2006, while its lowest value was 15.27 in 2015.

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
1970 22.85
1971 23.26
1972 21.19
1973 21.36
1974 24.13
1975 23.13
1976 23.96
1977 23.08
1978 24.24
1979 26.26
1980 22.65
1981 25.76
1982 23.40
1983 22.76
1984 22.94
1985 22.23
1986 22.63
1987 19.50
1988 19.96
1989 23.79
1990 24.15
1991 21.77
1992 17.35
1993 18.10
1994 17.94
1995 18.11
1996 25.55
1997 28.57
1998 26.46
1999 29.96
2000 33.32
2001 30.12
2002 29.14
2003 28.26
2004 30.02
2005 31.19
2006 34.98
2007 34.06
2008 34.22
2009 27.30
2010 30.43
2011 33.73
2012 25.05
2013 23.19
2014 19.50
2015 15.27
2016 16.11
2017 16.93
2018 18.56
2019 18.08

Limitations and Exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

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