Turkey

Value Added By The Manufacturing Sector

19.13
percent of GDP
Dec 61Dec 66Dec 69Dec 73Dec 77Dec 83Dec 86Dec 91Dec 96Dec 00Dec 04Dec 12Dec 17Dec 200.0006.00012.0018.0024.00
  • Turkey
  • Global Median
Source: IMF

Definition of Value Added By The Manufacturing Sector

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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