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

The value for Food, beverages and tobacco (% of value added in manufacturing) in Ecuador was 49.45 as of 2019. As the graph below shows, over the past 56 years this indicator reached a maximum value of 57.22 in 2018 and a minimum value of 14.82 in 1994.

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 49.89
1964 46.92
1965 44.56
1966 43.95
1967 44.19
1968 41.25
1969 38.22
1970 42.78
1971 42.49
1972 40.77
1973 38.01
1974 42.64
1975 39.18
1976 39.67
1977 36.96
1978 33.54
1979 36.81
1980 33.80
1981 34.94
1982 32.31
1983 38.38
1984 31.67
1985 30.94
1986 29.85
1987 33.05
1988 35.92
1989 33.80
1990 21.97
1991 25.46
1992 21.00
1993 24.68
1994 14.82
1995 26.03
1996 26.42
1997 45.75
1998 22.09
1999 38.16
2000 19.74
2001 28.23
2002 30.78
2003 27.47
2004 32.14
2005 29.85
2006 26.99
2007 40.15
2008 35.61
2009 35.61
2010 41.70
2011 41.05
2012 27.37
2013 25.36
2014 27.29
2015 34.83
2016 46.54
2017 52.12
2018 57.22
2019 49.45

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