Guinea-Bissau: Share of manufacturing

* indicates monthly or quarterly data series

Value added by the manufacturing sector as percent of GDP

 Latest value 9.11
 Year 2018
 Measure percent
 Data availability 1970 - 2018
 Average 9.95
 Min - Max 2.42 - 21.25
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 1970 to 2018. The average value for Guinea-Bissau during that period was 9.95 percent with a minimum of 2.42 percent in 1992 and a maximum of 21.25 percent in 1970. The latest value from 2018 is 9.11 percent. For comparison, the world average in 2018 based on 179 countries is 12.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Guinea-Bissau - Share of manufacturing - Recent values chart

Historical chart
Guinea-Bissau - Share of manufacturing - historical chart - 1970-2018

The importance of manufacturing in the economy of Guinea-Bissau and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: 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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 Related indicators Latest value Reference Measure
 Share of industry 13.48 2020 percent
 Share of manufacturing 9.11 2018 percent
 Share of services 50.19 2020 percent
 Industry value added 0.32 2023 billion U.S. dollars
 Manufacturing value added 0.17 2018 billion U.S. dollars
 Services value added 0.89 2023 billion U.S. dollars
 Savings, percent of GDP 13.57 2020 percent
 Savings, in dollars 0.39 2022 billion U.S. dollars
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