Albania - Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Albania was 100,121,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 105,917,000,000 in 2019 and a minimum value of 15,186,000,000 in 1997.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 local currency.

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

Year Value
1996 16,243,000,000
1997 15,186,000,000
1998 18,180,000,000
1999 20,106,000,000
2000 21,641,000,000
2001 23,096,000,000
2002 24,826,000,000
2003 27,951,000,000
2004 30,816,000,000
2005 35,591,000,000
2006 42,807,000,000
2007 51,142,000,000
2008 54,010,000,000
2009 59,457,000,000
2010 67,587,000,000
2011 73,640,000,000
2012 61,502,000,000
2013 68,310,000,000
2014 74,311,000,000
2015 81,347,000,000
2016 83,702,000,000
2017 95,491,000,000
2018 100,385,000,000
2019 105,917,000,000
2020 100,121,000,000

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