Zimbabwe - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Zimbabwe was 35.82 as of 2020. Its highest value over the past 55 years was 37.21 in 1992, while its lowest value was 19.12 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
1965 27.79
1966 27.01
1967 28.04
1968 28.23
1969 28.36
1970 29.99
1971 29.41
1972 30.13
1973 32.30
1974 32.26
1975 31.86
1976 31.63
1977 30.04
1978 29.89
1979 31.68
1980 27.85
1981 25.22
1982 22.70
1983 25.64
1984 29.49
1985 25.64
1986 28.47
1987 29.56
1988 30.06
1989 31.49
1990 29.80
1991 33.20
1992 37.21
1993 30.46
1994 29.15
1995 25.70
1996 23.00
1997 22.53
1998 20.81
1999 19.12
2004 24.38
2005 26.48
2006 30.65
2007 32.46
2008 30.48
2009 21.45
2010 20.69
2011 21.72
2012 25.33
2013 23.80
2014 23.72
2015 22.36
2016 22.12
2017 21.41
2018 21.14
2019 34.69
2020 35.82

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