North Macedonia - Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in North Macedonia was 45,017,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 50,367,000,000 in 2019 and a minimum value of 20,413,310,000 in 1997.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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
1990 41,170,860,000
1991 34,904,420,000
1992 29,389,190,000
1993 25,156,700,000
1994 23,396,850,000
1995 20,702,600,000
1996 21,732,220,000
1997 20,413,310,000
1998 20,515,340,000
1999 21,017,400,000
2000 23,824,000,000
2001 22,468,000,000
2002 23,131,000,000
2003 25,241,000,000
2004 27,046,000,000
2005 29,899,000,000
2006 33,665,000,000
2007 29,321,000,000
2008 28,731,000,000
2009 29,915,000,000
2010 29,858,000,000
2011 33,480,000,000
2012 33,088,000,000
2013 36,276,000,000
2014 44,085,000,000
2015 46,273,000,000
2016 45,565,000,000
2017 46,312,000,000
2018 49,178,000,000
2019 50,367,000,000
2020 45,017,000,000

Base Period: varies by country

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