Guizhou - GRP Value Added in Construction

1,626 (100 Million Yuan) in 2022

In 2022, value added in construction for Guizhou was 1,626 100 million yuan. Between 2003 and 2022, value added in construction of Guizhou grew substantially from 96 to 1,626 100 million yuan rising at an increasing annual rate that reached a maximum of 29.81% in 2011 and then decreased to 0.11% in 2022.

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What is value added in construction?

Value-added of Construction refers to the final result of the activities of production and operation of enterprises of the construction industry in monetary terms during the reference period. Currently using the income method to calculate value-added of construction, that is, from the perspective of income, according to factors of production in the production process deserve revenue share calculation.

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What is Guizhou value added in construction?