Comoros - Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Comoros was $103,414,900 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $133,477,200 in 2014 and $22,461,720 in 1982.

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 current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $25,904,280
1981 $23,968,720
1982 $22,461,720
1983 $23,389,850
1984 $22,544,760
1985 $24,012,860
1986 $34,079,980
1987 $41,200,000
1988 $43,515,820
1989 $41,682,650
1990 $52,442,040
1991 $51,768,050
1992 $55,831,440
1993 $55,279,660
1994 $38,962,650
1995 $48,638,050
1996 $48,344,890
1997 $44,484,590
1998 $45,177,090
1999 $46,682,950
2000 $42,860,680
2001 $46,202,580
2002 $51,994,590
2003 $66,754,330
2004 $77,352,030
2005 $79,811,590
2006 $85,253,610
2007 $98,744,950
2008 $111,121,100
2009 $109,304,800
2010 $106,918,500
2011 $119,673,600
2012 $114,003,700
2013 $130,021,000
2014 $133,477,200
2015 $100,548,300
2016 $99,810,060
2017 $98,449,430
2018 $105,527,100
2019 $101,947,100
2020 $103,414,900

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: 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