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Economy > National accounts > Shares of GDP and other Stats: compare key data on Australia & Iraq

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Definitions

  • Agriculture > Value added > % of GDP: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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."
  • Chemicals > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Chemicals comprise ISIC groups 351 and 352.
  • Food > Beverages and tobacco > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Food, beverages, and tobacco comprise ISIC division 31."
  • Industry > Value added > % of GDP: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Machinery and transport equipment > % of value added in manufact: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Machinery and transport equipment comprise ISIC groups 382-84.
  • Manufacturing > Value added > % of GDP: 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."
  • Other manufacturing > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Other manufacturing includes wood and related products (division 33), paper and paper-related products (division 34), petroleum and related products (groups 353-56), basic metals and mineral products (divisions 36 and 37), fabricated metal products and professional goods (groups 381 and 385), and other industries (group 390). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing."
  • Services > Etc. > Value added > % of GDP: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial 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."
  • Textiles and clothing > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Textiles and clothing comprise ISIC division 32.
STAT Australia Iraq HISTORY
Agriculture > Value added > % of GDP 2.55%
Ranked 117th.
8.57%
Ranked 97th. 3 times more than Australia

Chemicals > % of value added in manufacturing 7.5%
Ranked 31st.
22.53%
Ranked 2nd. 3 times more than Australia

Food > Beverages and tobacco > % of value added in manufacturing 17.46%
Ranked 25th.
30.75%
Ranked 13th. 76% more than Australia

Industry > Value added > % of GDP 29.09%
Ranked 66th.
70.15%
Ranked 3rd. 2 times more than Australia

Machinery and transport equipment > % of value added in manufact 4.72%
Ranked 42nd. 2 times more than Iraq
2.15%
Ranked 40th.

Manufacturing > Value added > % of GDP 10.47%
Ranked 93th. 6 times more than Iraq
1.71%
Ranked 166th.

Other manufacturing > % of value added in manufacturing 68.92%
Ranked 7th. 2 times more than Iraq
29.32%
Ranked 43th.

Services > Etc. > Value added > % of GDP 68.36%
Ranked 33th. 3 times more than Iraq
21.28%
Ranked 164th.

Textiles and clothing > % of value added in manufacturing 1.4%
Ranked 51st.
15.24%
Ranked 6th. 11 times more than Australia

SOURCES: World Bank national accounts data, and OECD National Accounts data files.; United Nations Industrial Development Organisation, International Yearbook of Industrial Statistics.

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