Liberia - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Liberia was 2,968.54 as of 2019. Over the past 19 years, the value for this indicator has fluctuated between 2,968.54 in 2019 and 194.04 in 2003.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
2000 380.73
2001 272.02
2002 218.63
2003 194.04
2004 372.94
2005 391.85
2006 438.14
2007 484.17
2008 552.15
2009 882.54
2010 836.59
2011 983.51
2012 1,395.51
2013 2,195.75
2014 2,380.69
2015 1,965.77
2016 2,130.00
2017 2,430.98
2018 2,866.24
2019 2,968.54

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Liberia was $538,320,100 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $620,133,600 in 2013 and $30,063,500 in 2002.

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. Data are in current U.S. dollars.

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

See also:

Year Value
2000 $37,120,100
2001 $37,926,800
2002 $30,063,500
2003 $31,034,800
2004 $69,311,100
2005 $68,500,600
2006 $86,199,500
2007 $108,869,500
2008 $122,459,000
2009 $88,572,200
2010 $99,892,300
2011 $199,036,800
2012 $407,266,500
2013 $620,133,600
2014 $598,513,600
2015 $542,950,500
2016 $467,977,400
2017 $523,580,600
2018 $579,262,400
2019 $563,986,400
2020 $538,320,100

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Liberia was 538,320,100 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 620,133,600 in 2013 and a minimum value of 30,063,500 in 2002.

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. Data are in current local currency.

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

Year Value
2000 37,120,100
2001 37,926,800
2002 30,063,500
2003 31,034,800
2004 69,311,100
2005 68,500,600
2006 86,199,500
2007 108,869,500
2008 122,459,000
2009 88,572,200
2010 99,892,300
2011 199,036,800
2012 407,266,500
2013 620,133,600
2014 598,513,600
2015 542,950,500
2016 467,977,400
2017 523,580,600
2018 579,262,400
2019 563,986,400
2020 538,320,100

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Liberia was 550,705,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 562,647,900 in 2014 and 45,315,430 in 2003.

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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2000 80,208,770
2001 61,001,400
2002 50,468,290
2003 45,315,430
2004 88,719,870
2005 95,401,380
2006 110,330,900
2007 126,631,600
2008 150,308,500
2009 249,896,000
2010 246,326,100
2011 299,875,200
2012 439,103,000
2013 535,865,900
2014 562,647,900
2015 542,950,500
2016 479,346,700
2017 518,633,000
2018 544,270,800
2019 549,462,100
2020 550,705,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Liberia was 0.23 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 95.78 in 2004 and a minimum value of -23.95 in 2001.

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

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

See also:

Year Value
2001 -23.95
2002 -17.27
2003 -10.21
2004 95.78
2005 7.53
2006 15.65
2007 14.77
2008 18.70
2009 66.26
2010 -1.43
2011 21.74
2012 46.43
2013 22.04
2014 5.00
2015 -3.50
2016 -11.71
2017 8.20
2018 4.94
2019 0.95
2020 0.23

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Liberia was 537,643,200 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 549,302,800 in 2014 and a minimum value of 44,240,620 in 2003.

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. Data are in constant local currency.

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

Year Value
2000 78,306,340
2001 59,554,550
2002 49,271,260
2003 44,240,620
2004 86,615,580
2005 93,138,610
2006 107,714,000
2007 123,628,100
2008 146,743,500
2009 243,968,900
2010 240,483,600
2011 292,762,700
2012 428,688,200
2013 523,156,000
2014 549,302,800
2015 530,072,600
2016 467,977,400
2017 506,331,900
2018 531,361,600
2019 536,429,800
2020 537,643,200

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Liberia was 16.82 as of 2020. Its highest value over the past 20 years was 19.52 in 2013, while its lowest value was 3.24 in 2002.

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
2000 4.25
2001 4.19
2002 3.24
2003 4.15
2004 7.73
2005 7.22
2006 7.70
2007 7.93
2008 7.09
2009 5.01
2010 5.00
2011 8.30
2012 14.59
2013 19.52
2014 18.55
2015 16.82
2016 13.77
2017 15.44
2018 16.92
2019 16.99
2020 16.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts