Colombia

Value Added By Industry

25.06
as percent of GDP
Dec 68Dec 72Dec 76Dec 80Dec 84Dec 89Dec 93Dec 97Dec 01Dec 05Dec 09Dec 13Dec 17Dec 210.00010.0020.0030.0040.00
  • Colombia
  • Global Median
Source: IMF

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Definition of Value Added By Industry

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.

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