South Africa

Manufacturing Value Added

39.39
billion USD
Dec 63Dec 68Dec 71Dec 77Dec 81Dec 84Dec 89Dec 93Dec 98Dec 02Dec 06Dec 11Dec 16Dec 200.00015.0030.0045.0060.00
  • South Africa
  • Global Median
Source: IMF

Definition of Manufacturing Value Added

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 current U.S. dollars.

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