Iraq - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Iraq was 125,434,000,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 150,920,000,000,000 in 2019 and a minimum value of 5,958,450,000,000 in 1968.

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
1968 5,958,450,000,000
1969 6,148,180,000,000
1970 6,215,710,000,000
1971 6,778,270,000,000
1972 5,963,450,000,000
1973 8,181,980,000,000
1974 8,819,459,000,000
1975 10,819,400,000,000
1976 13,397,600,000,000
1977 12,942,600,000,000
1978 15,865,400,000,000
1979 20,870,500,000,000
1980 21,854,200,000,000
1981 18,167,200,000,000
1982 19,034,000,000,000
1983 17,186,000,000,000
1984 15,443,800,000,000
1985 15,087,200,000,000
1986 15,727,400,000,000
1987 20,730,400,000,000
1988 19,832,900,000,000
1989 17,784,000,000,000
1990 52,653,900,000,000
1991 10,374,500,000,000
1992 14,754,700,000,000
1993 13,348,500,000,000
1994 15,156,200,000,000
1995 17,334,200,000,000
1996 18,866,500,000,000
1997 39,879,900,000,000
1998 63,661,900,000,000
1999 76,436,800,000,000
2000 78,366,700,000,000
2001 79,582,300,000,000
2002 69,838,200,000,000
2003 42,682,000,000,000
2004 60,826,200,000,000
2005 59,220,600,000,000
2006 62,547,600,000,000
2007 66,993,500,000,000
2008 75,257,300,000,000
2009 77,412,000,000,000
2010 81,333,200,000,000
2011 87,221,900,000,000
2012 100,870,000,000,000
2013 106,715,000,000,000
2014 109,226,000,000,000
2015 122,156,000,000,000
2016 147,988,000,000,000
2017 142,692,000,000,000
2018 140,380,000,000,000
2019 150,920,000,000,000
2020 125,434,000,000,000

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