Back to Top

 Skip navigation

Net and Gross Value Added

Open in Excel:

The following tables show Net Value Added (NVA) and Gross Value Added (GVA).

Table 1 shows NVA at Factor Cost and its constituents as well as Net National Product (NNP) at Factor Cost and Net National Income (NNI) at Market Prices.

Table 2 shows NVA at Factor Cost and Depreciation broken down by activity as well as GVA at Factor Cost and at Basic Prices.

Table 3 shows Output, Intermediate Consumption and GVA at Basic Prices broken down by activity as well as Gross Domestic Product (GDP), Gross National Product (GNP) and Gross National Income (GNI) all at Current Market Prices.

Table 4 shows Output, Intermediate Consumption and GVA at Constant Basic Prices broken down by activity as well as GDP, GNP and GNI all at Constant Market Prices.

For more information on these tables see Methodology.

Agriculture forestry and fishingIndustry (excl. construction)ConstructionDistribution, transport, hotels and restaurantsInformation and communicationFinancial and insurance activitiesReal estate activitiesProfessional, admin and support servicesPublic admin, education and healthArts, entertainment and other services
20203.1578590249145.77974063827.555377889230.525073663258.573868225714.638247853219.971971248735.358837754335.28204598843.3545405429

Figure 4.1 above shows the relative contributions of each sector. Just under 41% of total GVA at constant basic prices in 2020 was accounted for by Industry excluding Construction.

Agriculture forestry and fishingIndustry (excl. construction)ConstructionDistribution, transport, hotels and restaurantsInformation and communicationFinancial and insurance activitiesReal estate activitiesProfessional, admin and support servicesPublic admin, education and healthArts, entertainment and other services
2019-2020-1.9014752796356422.0911836295996-10.224078263678-19.261174089406313.7964685960502-8.58537000002207-1.35340776508954-9.420601578779060.27359153346278-25.4820124837126

Figure 4.2 above shows the growth in each sector. Multinational Enterprise (MNE) dominated sectors of the economy distinguished in Table 4 showed positive growth in 2020. Industry excluding Construction increased by 22.1% while Information and Communication grew by 13.8%. Apart from Public Administration, Education and Health, domestic sectors of the economy all posted declines in 2020. Distribution, Transport, Hotels and Restaurants declined by 19.3%, Construction by 10.2%, Professional, Administration & Support Services by 9.4% and Financial & Insurance activities by 8.6%.

OutputIntermediate ConsumptionGVA
2013433.645789297079235.842244603279189.5215654951
2014458.517695529824245.398889882502205.7915584574
2015544.821298726201277.864945233402261.2551030096
2016567.987507142358297.237855083472265.7263532927
2017594.55396647258305.773686235258290.5794534505
2018653.245824054943334.989197961238318.184223905
2019692.762973772766357.463343704165333.2875155187
2020715.720973081177361.523410252494356.9599971805

Figure 4.3 above shows the constant price level of Output, Intermediate Consumption and GVA over the period 2013-2020. Output was almost equally composed of Intermediate Consumption and GVA.

Intermediate ConsumptionGross Value Added
Agriculture, forestry and fishing6.318798762263443.4657166283
Industry (excluding construction)127.408048963428133.8600680474
of which Manufacturing117.890115731225128.7009290288
Construction19.94749469675037.6570317348
Distribution, transport, hotels and restaurants31.859758380059231.6796033941
Information and communication88.497566226876560.7803768503
Financial and insurance activities33.382994520593514.6771420755
Real estate activities4.6836041990401821.4544768779
Professional, admin and support services25.482889856024535.7677796475
Public administration, education and health16.372069773608236.6625092884
Arts, entertainment and other services4.090239089050683.2588992096
Total358.043464467694352.4565091853

Figure 4.4 above shows the percentage composition of Output in 2020 by sector in current prices. While total Output is almost equally split between Intermediate Consumption and GVA there is considerable variation across sectors.

Show Table: Table 1 Net Value Added at Factor Cost and Net National Income at Market Prices

Show Table: Table 1.1 Annual Percentage Changes in the Main Constituents of Table 1

Show Table: Table 2 Net Value Added at Factor Cost and Depreciation by Sector of Origin and Gross Value Added at Basic Prices

Show Table: Table 3 Gross Value Added at Basic Prices by Sector of Origin and Gross and Net National Income at Current Market Prices

Show Table: Table 3.1 Annual Percentage Change in the Main Constituents of Table 3

Show Table: Table 4 Gross Value Added at Constant Basic Prices by Sector of Origin and Gross and Net National Income at Constant Market Prices (chain linked annually and referenced to year 2019)

Show Table: Table 4.1 Annual Percentage Changes in the Main Constituents of Table 4


Next Chapter >> Expenditure