Micronesia - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Micronesia was $2,020,200 as of 2020. Over the past 37 years, the value for this indicator has fluctuated between $4,463,400 in 2001 and $400,000 in 1983.

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 U.S. dollars.

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

See also:

Year Value
1983 $400,000
1995 $3,014,400
1996 $2,524,400
1997 $2,900,100
1998 $3,288,000
1999 $3,138,200
2000 $3,709,900
2001 $4,463,400
2002 $4,237,800
2003 $3,945,800
2004 $3,292,500
2005 $1,330,100
2006 $904,100
2007 $948,100
2008 $1,050,400
2009 $1,149,700
2010 $1,249,500
2011 $1,336,200
2012 $1,296,800
2013 $1,152,600
2014 $1,170,500
2015 $1,325,600
2016 $1,851,200
2017 $1,936,400
2018 $1,979,000
2019 $2,011,200
2020 $2,020,200

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Micronesia was 2,020,200 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 4,463,400 in 2001 and a minimum value of 400,000 in 1983.

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
1983 400,000
1995 3,014,400
1996 2,524,400
1997 2,900,100
1998 3,288,000
1999 3,138,200
2000 3,709,900
2001 4,463,400
2002 4,237,800
2003 3,945,800
2004 3,292,500
2005 1,330,100
2006 904,100
2007 948,100
2008 1,050,400
2009 1,149,700
2010 1,249,500
2011 1,336,200
2012 1,296,800
2013 1,152,600
2014 1,170,500
2015 1,325,600
2016 1,851,200
2017 1,936,400
2018 1,979,000
2019 2,011,200
2020 2,020,200

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Micronesia was 2,117,321 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 6,613,912 in 2001 and 1,160,505 in 2013.

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 expressed constant 2010 U.S. dollars.

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

See also:

Year Value
1995 5,011,100
1996 4,081,140
1997 4,581,120
1998 5,095,335
1999 4,760,009
2000 5,535,000
2001 6,613,912
2002 6,296,784
2003 5,884,561
2004 4,831,770
2005 1,885,895
2006 1,239,457
2007 1,263,378
2008 1,312,979
2009 1,335,579
2010 1,412,036
2011 1,456,502
2012 1,338,954
2013 1,160,505
2014 1,169,457
2015 1,325,600
2016 1,878,557
2017 1,964,700
2018 1,984,951
2019 2,228,851
2020 2,117,321

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Micronesia was -5.00 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 41.71 in 2016 and a minimum value of -60.97 in 2005.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1996 -18.56
1997 12.25
1998 11.22
1999 -6.58
2000 16.28
2001 19.49
2002 -4.79
2003 -6.55
2004 -17.89
2005 -60.97
2006 -34.28
2007 1.93
2008 3.93
2009 1.72
2010 5.72
2011 3.15
2012 -8.07
2013 -13.33
2014 0.77
2015 13.35
2016 41.71
2017 4.59
2018 1.03
2019 12.29
2020 -5.00

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Micronesia was 1,442,800 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 4,506,900 in 2001 and a minimum value of 790,800 in 2013.

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 constant local currency.

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

Year Value
1995 3,414,700
1996 2,781,000
1997 3,121,700
1998 3,472,100
1999 3,243,600
2000 3,771,700
2001 4,506,900
2002 4,290,800
2003 4,009,900
2004 3,292,500
2005 1,285,100
2006 844,600
2007 860,900
2008 894,700
2009 910,100
2010 962,200
2011 992,500
2012 912,400
2013 790,800
2014 796,900
2015 903,300
2016 1,280,100
2017 1,338,800
2018 1,352,600
2019 1,518,800
2020 1,442,800

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Micronesia was 0.49 as of 2020. Its highest value over the past 37 years was 1.85 in 2001, while its lowest value was 0.36 in 2006.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1983 0.38
1995 1.36
1996 1.16
1997 1.40
1998 1.50
1999 1.43
2000 1.59
2001 1.85
2002 1.75
2003 1.61
2004 1.37
2005 0.53
2006 0.36
2007 0.37
2008 0.40
2009 0.41
2010 0.42
2011 0.43
2012 0.40
2013 0.36
2014 0.37
2015 0.42
2016 0.56
2017 0.53
2018 0.49
2019 0.49
2020 0.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts