Lower middle income - Industry

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

The latest value for Industry, value added per worker (constant 2010 US$) in Lower middle income was 8,164 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 8,314 in 2018 and 5,841 in 1994.

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
1991 6,117
1992 6,095
1993 6,012
1994 5,841
1995 6,073
1996 6,294
1997 6,367
1998 6,205
1999 6,497
2000 6,573
2001 6,489
2002 6,693
2003 6,822
2004 6,862
2005 6,952
2006 7,138
2007 7,273
2008 7,389
2009 7,365
2010 7,504
2011 7,479
2012 7,278
2013 7,369
2014 7,558
2015 7,738
2016 8,053
2017 8,223
2018 8,314
2019 8,164

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Lower middle income was $2,049,240,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $2,205,370,000,000 in 2019 and $270,268,000,000 in 1987.

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
1981 $288,893,000,000
1982 $296,142,000,000
1983 $289,669,000,000
1984 $272,808,000,000
1985 $278,495,000,000
1986 $274,907,000,000
1987 $270,268,000,000
1988 $281,167,000,000
1989 $293,292,000,000
1990 $322,559,000,000
1991 $322,619,000,000
1992 $335,755,000,000
1993 $323,523,000,000
1994 $357,560,000,000
1995 $409,133,000,000
1996 $459,071,000,000
1997 $459,394,000,000
1998 $384,456,000,000
1999 $424,203,000,000
2000 $464,307,000,000
2001 $472,111,000,000
2002 $519,085,000,000
2003 $594,575,000,000
2004 $717,660,000,000
2005 $860,945,000,000
2006 $1,036,570,000,000
2007 $1,268,770,000,000
2008 $1,460,830,000,000
2009 $1,401,480,000,000
2010 $1,710,570,000,000
2011 $2,008,550,000,000
2012 $2,070,490,000,000
2013 $2,030,220,000,000
2014 $2,040,890,000,000
2015 $1,880,390,000,000
2016 $1,922,300,000,000
2017 $2,099,480,000,000
2018 $2,156,780,000,000
2019 $2,205,370,000,000
2020 $2,049,240,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Lower middle income was 2,118,350,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,197,330,000,000 in 2019 and 159,646,000,000 in 1960.

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
1960 159,646,000,000
1961 176,433,000,000
1962 189,694,000,000
1963 202,953,000,000
1964 218,401,000,000
1965 238,741,000,000
1966 255,000,000,000
1967 272,581,000,000
1968 300,813,000,000
1969 337,064,000,000
1970 364,801,000,000
1971 399,362,000,000
1972 435,932,000,000
1973 477,199,000,000
1974 494,036,000,000
1975 486,070,000,000
1976 550,342,000,000
1977 556,202,000,000
1978 524,963,000,000
1979 503,182,000,000
1980 455,909,000,000
1981 484,749,000,000
1982 521,936,000,000
1983 527,151,000,000
1984 527,076,000,000
1985 535,550,000,000
1986 549,745,000,000
1987 580,546,000,000
1988 612,454,000,000
1989 644,789,000,000
1990 703,869,000,000
1991 725,183,000,000
1992 734,124,000,000
1993 740,613,000,000
1994 754,321,000,000
1995 795,242,000,000
1996 845,300,000,000
1997 874,590,000,000
1998 862,893,000,000
1999 886,461,000,000
2000 940,330,000,000
2001 967,999,000,000
2002 1,013,210,000,000
2003 1,079,220,000,000
2004 1,144,610,000,000
2005 1,212,000,000,000
2006 1,296,510,000,000
2007 1,373,640,000,000
2008 1,424,970,000,000
2009 1,468,110,000,000
2010 1,552,600,000,000
2011 1,621,360,000,000
2012 1,655,190,000,000
2013 1,705,100,000,000
2014 1,790,500,000,000
2015 1,880,390,000,000
2016 1,998,080,000,000
2017 2,095,140,000,000
2018 2,174,280,000,000
2019 2,197,330,000,000
2020 2,118,350,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Lower middle income was -3.59 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 13.22 in 1976 and a minimum value of -9.39 in 1980.

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
1961 10.52
1962 7.52
1963 6.99
1964 7.61
1965 9.31
1966 6.81
1967 6.89
1968 10.36
1969 12.05
1970 8.23
1971 9.47
1972 9.16
1973 9.47
1974 3.53
1975 -1.61
1976 13.22
1977 1.06
1978 -5.62
1979 -4.15
1980 -9.39
1981 6.33
1982 7.67
1983 1.00
1984 -0.01
1985 1.61
1986 2.65
1987 5.60
1988 5.50
1989 5.28
1990 9.16
1991 3.03
1992 1.23
1993 0.88
1994 1.85
1995 5.42
1996 6.29
1997 3.47
1998 -1.34
1999 2.73
2000 6.08
2001 2.94
2002 4.67
2003 6.52
2004 6.06
2005 5.89
2006 6.97
2007 5.95
2008 3.74
2009 3.03
2010 5.75
2011 4.43
2012 2.09
2013 3.02
2014 5.01
2015 5.02
2016 6.26
2017 4.86
2018 3.78
2019 1.06
2020 -3.59

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Lower middle income was 27.75 as of 2020. Its highest value over the past 39 years was 34.70 in 2008, while its lowest value was 27.75 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
1981 33.71
1982 33.56
1983 33.21
1984 31.68
1985 30.37
1986 28.20
1987 28.30
1988 28.88
1989 30.11
1990 30.75
1991 32.63
1992 32.38
1993 31.02
1994 31.85
1995 32.13
1996 32.26
1997 31.58
1998 29.00
1999 29.62
2000 30.80
2001 30.64
2002 31.51
2003 31.41
2004 32.68
2005 33.73
2006 34.25
2007 34.14
2008 34.70
2009 32.77
2010 32.89
2011 33.84
2012 33.23
2013 32.00
2014 30.94
2015 29.11
2016 28.53
2017 28.97
2018 29.36
2019 28.51
2020 27.75

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts