Brazil - Industry, value added (% of GDP)

Industry, value added (% of GDP) in Brazil was 17.65 as of 2020. Its highest value over the past 60 years was 46.25 in 1984, while its lowest value was 17.65 in 2020.

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 or 4.

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

See also:

Year Value
1960 28.32
1961 32.28
1962 30.92
1963 34.37
1964 32.40
1965 29.03
1966 28.52
1967 28.69
1968 30.64
1969 31.55
1970 32.18
1971 32.95
1972 32.80
1973 31.70
1974 33.34
1975 33.96
1976 34.87
1977 34.02
1978 35.61
1979 37.12
1980 39.20
1981 40.09
1982 42.55
1983 42.33
1984 46.25
1985 43.60
1986 42.02
1987 42.90
1988 42.27
1989 42.28
1990 33.27
1991 31.77
1992 34.13
1993 37.30
1994 35.42
1995 23.38
1996 22.34
1997 22.59
1998 22.12
1999 21.75
2000 23.01
2001 22.64
2002 22.50
2003 23.08
2004 24.31
2005 24.17
2006 23.54
2007 23.13
2008 23.09
2009 21.88
2010 23.27
2011 23.10
2012 22.13
2013 21.22
2014 20.47
2015 19.36
2016 18.35
2017 18.19
2018 18.75
2019 18.41
2020 17.65

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: Weighted average

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