Togo - Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Togo was $1,089,312,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,089,312,000 in 2020 and $7,346,517 in 1962.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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
1960 $9,380,278
1961 $8,154,601
1962 $7,346,517
1963 $13,876,610
1964 $15,508,470
1965 $17,954,720
1966 $21,572,910
1967 $23,983,660
1968 $27,871,500
1969 $29,235,200
1970 $25,325,320
1971 $25,421,580
1972 $26,584,390
1973 $35,443,620
1974 $34,066,640
1975 $43,394,500
1976 $43,105,160
1977 $48,844,080
1978 $48,746,790
1979 $63,463,230
1980 $88,981,620
1981 $68,081,910
1982 $60,558,760
1983 $51,697,080
1984 $45,771,120
1985 $51,417,570
1986 $77,099,460
1987 $103,481,600
1988 $105,758,600
1989 $120,952,300
1990 $161,676,900
1991 $178,119,300
1992 $196,243,300
1993 $112,246,500
1994 $89,623,160
1995 $129,548,400
1996 $135,314,600
1997 $126,154,000
1998 $110,178,500
1999 $101,060,400
2000 $111,339,300
2001 $117,969,700
2002 $134,594,600
2003 $152,456,000
2004 $159,110,700
2005 $180,764,300
2006 $204,142,500
2007 $208,631,400
2008 $269,257,800
2009 $251,091,300
2010 $248,049,100
2011 $304,106,800
2012 $266,949,700
2013 $261,657,600
2014 $339,571,700
2015 $284,591,800
2016 $845,830,700
2017 $892,360,300
2018 $982,613,700
2019 $996,445,600
2020 $1,089,312,000

Development Relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998).

Limitations and Exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

Statistical Concept and Methodology: The data on manufacturing value added in U.S. dollars are from the World Bank's national accounts files and may differ from those UNIDO uses to calculate shares of value added by industry, in part because of differences in exchange rates. Thus value added in a particular industry estimated by applying the shares to total manufacturing value added will not match those from UNIDO sources. Classification of manufacturing industries accords with the United Nations International Standard Industrial Classification (ISIC) revision 3. Data prior to 2008 used revision 2, first published in 1948. Revision 3 was completed in 1989, and many countries now use it. But revision 2 is still widely used for compiling cross-country data. UNIDO has converted these data to accord with revision 3. Concordances matching ISIC categories to national classification systems and to related systems such as the Standard International Trade Classification are available.

Aggregation method: Gap-filled total

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