World Bank · Economy

Tuvalu: Manufacturing, value added (current LCU)

390,000current LCU · 2011+100.2% since 2001

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units. Annual figures for Tuvalu from 1990 to 2011.