Saudi Arabia

Value Added By Industry

45.52
as percent of GDP
Dec 69Dec 73Dec 76Dec 79Dec 83Dec 88Dec 91Dec 97Dec 02Dec 06Dec 09Dec 12Dec 15Dec 18Dec 210.00025.0050.0075.00100.00
  • Saudi Arabia
  • Global Median
Source: IMF

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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