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Seychelles: Industry (including construction), value added (% of GDP)

In , Seychelles's Industry (including construction), value added (% of GDP) was 12.29.

That's down 6.6% from 2023, the highest value since .

The global average for this indicator in 2024 was 25.81 . Seychelles ranks #157 globally out of 174 reporting countries. Within Sub-Saharan Africa, it ranks #42 of 45.

Source: World Bank Open Data (NV.IND.TOTL.ZS) • Data as of 2024

Trend (2005–2024)

Seychelles Industry (including construction), value added (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
23.57
Trough
11.75
1-year change
-6.6%
5-year change
+0.6%
+0.1% / yr
10-year change
-22.0%
-2.5% / yr

Historical Data — Last 10 Years

Year Industry (including construction), value added (% of GDP)
12.2930
13.1590
11.9788
11.7537
14.2715
12.2186
11.8100
11.7739
13.6910
14.2030

About Industry (including construction), value added (% of GDP)

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NV.IND.TOTL.ZSCategory: Economy

Frequently asked questions

What was Seychelles's Industry (including construction), value added (% of GDP) in 2024?
In 2024, Seychelles's Industry (including construction), value added (% of GDP) was 12.29, according to World Bank Open Data.
Is Seychelles's Industry (including construction), value added (% of GDP) rising or falling?
Seychelles's Industry (including construction), value added (% of GDP) fell 6.6% from 2023 to 2024.
How does Seychelles rank globally on Industry (including construction), value added (% of GDP)?
In 2024, Seychelles ranked #157 out of 174 countries reporting Industry (including construction), value added (% of GDP).
How does Seychelles's Industry (including construction), value added (% of GDP) compare to the world average?
The global average for Industry (including construction), value added (% of GDP) in 2024 was 25.81, so Seychelles is below the world average. Within Sub-Saharan Africa, it ranks #42 of 45.
What is Industry (including construction), value added (% of GDP) and how is it measured?
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NV.IND.TOTL.ZS), CC BY 4.0.