Mining and quarrying, value added in Africa
Africa: Mining and quarrying, value added was 230.14 billion current US$ in 2007. ◆ Volatile
Mining and quarrying, value added in Africa, 1965–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2007, mining and quarrying, value added in Africa stood at 230.14 billion current US$. That is the highest value across all 43 years on record.
The figure is up 12.7% on the previous year and up 327.7% over ten years.
Over the whole period, mining and quarrying, value added in Africa peaked at 230.14 billion current US$ in 2007 and was at its lowest, 3.51 billion current US$, in 1965.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.25 billion current US$ | 3.51 billion current US$ | 5.29 billion current US$ | 5 |
| 1970s | 14.80 billion current US$ | 4.35 billion current US$ | 33.61 billion current US$ | 10 |
| 1980s | 43.67 billion current US$ | 36.23 billion current US$ | 54.70 billion current US$ | 10 |
| 1990s | 46.60 billion current US$ | 41.25 billion current US$ | 53.81 billion current US$ | 10 |
| 2000s | 126.51 billion current US$ | 65.11 billion current US$ | 230.14 billion current US$ | 8 |
Countries ranked near Africa
More economy & growth data for Africa
- Merchandise trade to GDP ratio 72.2% (2011)
- GDP deflator, index 202.79 2000=100; US$ series (2011)
- GDP per capita, PPP annual growth 1.3% (2011)
- Final consumption expenditure plus discrepancy, per capita 1,320 current US$ (2011)
- Import price index 192.64 goods and services 2000=100 (2011)
- Real agricultural GDP growth rates 3.3% (2011)
- Terms of trade 110.93 goods and services, 2000 = 100 (2009)
- Construction, value added 64.25 billion current US$ (2007)
- Gross domestic savings, total 270.88 billion constant 2000 US$ (2009)
- Gross public investment 5.6% (2011)
Frequently asked questions
- What is mining and quarrying, value added in Africa?
- Mining and quarrying, value added in Africa was 230.14 billion current US$ in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Africa?
- The highest recorded value was 230.14 billion current US$ in 2007.
- What is the lowest mining and quarrying, value added recorded in Africa?
- The lowest recorded value was 3.51 billion current US$ in 1965.
- How does Africa rank for mining and quarrying, value added?
- Africa ranks 1st out of 3 groups with data for 2007.
- Is mining and quarrying, value added rising or falling in Africa?
- Over the last ten years it is up 327.7%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current U.S. dollars.