
Brazil: Share of industry
* indicates monthly or quarterly data series
Brazil |
Value added by industry as percent of GDP |
---|---|
Latest value | 18.86 |
Reference | 2021 |
Measure | percent |
Source | The World Bank |
For that indicator, we provide data for Brazil from 1960 to 2021. The average value for Brazil during that period was 29.42 percent with a minimum of 17.7 percent in 2020 and a maximum of 46.25 percent in 1984.
The latest value from 2021 is 18.86 percent. For comparison, the world average in 2021 based on 168
countries is 25.71 percent.
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* indicates monthly or quarterly data series
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The importance of industry in the economy of Brazil and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.