Zambia - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Zambia was 40.26 as of 2020. Its highest value over the past 60 years was 62.41 in 1969, while its lowest value was 22.82 in 1999.

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
1960 62.15
1961 59.42
1962 58.04
1963 57.74
1964 58.13
1965 53.81
1966 58.85
1967 52.14
1968 54.59
1969 62.41
1970 54.72
1971 46.19
1972 47.57
1973 53.62
1974 54.79
1975 41.67
1976 40.57
1977 37.66
1978 39.37
1979 41.99
1980 39.10
1981 36.85
1982 35.30
1983 40.06
1984 39.23
1985 42.03
1986 44.35
1987 41.13
1988 44.04
1989 47.28
1990 45.29
1991 46.28
1992 43.73
1993 37.44
1994 37.32
1995 34.31
1996 33.20
1997 32.38
1998 27.28
1999 22.82
2000 23.24
2001 23.36
2002 23.88
2003 24.13
2004 25.70
2005 26.85
2006 30.40
2007 31.91
2008 30.99
2009 30.22
2010 32.24
2011 34.44
2012 32.01
2013 32.56
2014 32.94
2015 33.66
2016 34.88
2017 37.30
2018 34.49
2019 34.94
2020 40.26

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