Tuvalu - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Tuvalu was 2,846,400 as of 2015. As the graph below shows, over the past 25 years this indicator reached a maximum value of 5,505,000 in 2008 and a minimum value of 1,229,600 in 1990.

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
1990 1,229,600
1991 1,348,200
1992 1,900,000
1993 1,641,900
1994 1,721,200
1995 1,496,900
1996 1,266,000
1997 1,575,200
1998 1,816,200
1999 1,830,600
2000 2,073,400
2001 2,183,400
2002 2,812,100
2003 3,134,300
2004 2,719,700
2005 2,225,300
2006 2,638,000
2007 3,817,000
2008 5,505,000
2009 4,757,000
2010 2,782,000
2011 3,974,000
2012 2,552,200
2013 2,590,500
2014 2,698,500
2015 2,846,400

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