Yunnan - GRP Value Added in Industry

7,197 (100 Million Yuan) in 2022

Value added in industry of Yunnan leapt by 9.78% from 6,556 100 million yuan in 2021 to 7,197 100 million yuan in 2022. Since the 0.99% downward trend in 2015, value added in industry rocketed by 77.95% in 2022.

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What is value added in industry?

Value-added of Industry refers to the final results of the industrial production of industrial enterprises in money terms during the reference period. Industrial value-added can be calculated by two approaches: the production approach, i.e. gross industrial output value minus intermediate input plus value-added tax, and the income approach, i.e. income for various factors used in the course of production, including depreciation of fixed assets, remuneration of laborers net of production tax, and operating surplus.

What is Yunnan value added in industry?