Austria: Share of industry

* indicates monthly or quarterly data series
 Austria

Value added by industry as percent of GDP

 Latest value 25.24
 Year 2023
 Measure percent
 Data availability 1976 - 2023
 Average 28.70
 Min - Max 25.21 - 34.52
 Source The World Bank
The latest value from 2023 is 25.24 percent, an increase from 25.21 percent in 2022. In comparison, the world average is 26.27 percent, based on data from 168 countries. Historically, the average for Austria from 1976 to 2023 is 28.7 percent. The minimum value, 25.21 percent, was reached in 2022 while the maximum of 34.52 percent was recorded in 1976. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Austria - Share of industry - Recent values chart

Historical series
Austria - Share of industry - historical chart - 1976-2023




The importance of industry in the economy of Austria and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Share of industry 25.24 2023 percent
 Share of manufacturing 15.87 2023 percent
 Share of services 63.26 2023 percent
 Industry value added 129.17 2023 billion U.S. dollars
 Manufacturing value added 81.21 2023 billion U.S. dollars
 Services value added 323.71 2023 billion U.S. dollars
 Savings, percent of GDP 27.05 2023 percent
 Savings, in dollars 134.44 2023 billion U.S. dollars
This site uses cookies.
Learn more here


OK