Albania - Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Albania was 98,658,720,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 104,653,000,000 in 2019 and a minimum value of 17,959,350,000 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 constant local currency.

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

Year Value
1996 26,531,490,000
1997 17,959,350,000
1998 25,393,330,000
1999 28,684,130,000
2000 30,674,300,000
2001 32,440,400,000
2002 33,795,830,000
2003 40,319,210,000
2004 42,746,930,000
2005 48,682,620,000
2006 55,025,270,000
2007 61,988,430,000
2008 58,870,950,000
2009 60,574,620,000
2010 67,587,000,000
2011 74,664,000,000
2012 62,973,670,000
2013 69,173,560,000
2014 75,657,500,000
2015 79,411,310,000
2016 83,017,410,000
2017 93,337,310,000
2018 99,179,500,000
2019 104,653,000,000
2020 98,658,720,000

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