Costa Rica - Food, beverages and tobacco (% of value added in manufacturing)

The value for Food, beverages and tobacco (% of value added in manufacturing) in Costa Rica was 38.58 as of 2019. As the graph below shows, over the past 56 years this indicator reached a maximum value of 57.92 in 1963 and a minimum value of 34.83 in 2006.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1963 57.92
1964 56.07
1965 52.73
1966 52.00
1967 49.67
1968 47.24
1969 46.88
1970 47.61
1971 45.99
1972 45.80
1973 45.96
1974 45.37
1975 44.59
1976 45.22
1977 47.26
1978 47.45
1979 47.56
1980 45.89
1981 44.96
1982 41.33
1983 45.52
1984 47.12
1985 48.46
1986 49.24
1987 46.44
1988 47.09
1989 46.81
1990 47.10
1991 38.89
1992 39.36
1993 40.48
1994 41.20
1995 43.63
1996 44.87
1997 45.75
1998 46.29
1999 46.58
2000 45.36
2001 45.47
2002 42.42
2003 44.31
2004 37.83
2005 37.11
2006 34.83
2007 37.22
2008 37.87
2009 40.84
2010 40.05
2011 40.82
2012 39.74
2013 40.31
2014 40.99
2015 43.29
2016 41.92
2017 39.13
2018 38.58
2019 38.58

Development Relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998).

Limitations and Exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

Statistical Concept and Methodology: The data on the distribution of manufacturing value added by industry are provided by the United Nations Industrial Development Organization (UNIDO). UNIDO obtains the data from a variety of national and international sources, including the United Nations Statistics Division, the World Bank, the Organisation for Economic Co-operation and Development, and the International Monetary Fund. To improve comparability over time and across countries, UNIDO supplements these data with information from industrial censuses, statistics from national and international organizations, unpublished data that it collects in the field, and estimates by the UNIDO Secretariat. Nevertheless, coverage may be incomplete, particularly for the informal sector. When direct information on inputs and outputs is not available, estimates may be used, which may result in errors in industry totals. Moreover, countries use different reference periods (calendar or fiscal year) and valuation methods (basic or producer prices) to estimate value added.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts