Austria: Share of manufacturing

* indicates monthly or quarterly data series
 Austria

Value added by the manufacturing sector as percent of GDP

 Latest value 15.66
 Year 2023
 Measure percent
 Data availability 1976 - 2023
 Average 18.25
 Min - Max 15.66 - 22.25
 Source The World Bank
The latest value from 2023 is 15.66 percent, a decline from 15.91 percent in 2022. In comparison, the world average is 12.87 percent, based on data from 127 countries. Historically, the average for Austria from 1976 to 2023 is 18.25 percent. The minimum value, 15.66 percent, was reached in 2023 while the maximum of 22.25 percent was recorded in 1976. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Austria - Share of manufacturing - Recent values chart

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




The importance of manufacturing in the economy of Austria and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: 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.

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 Related indicators Latest Reference Measure
 Share of industry 26.26 2023 percent
 Share of manufacturing 15.66 2023 percent
 Share of services 62.29 2023 percent
 Industry value added 135.52 2023 billion U.S. dollars
 Manufacturing value added 80.82 2023 billion U.S. dollars
 Services value added 321.45 2023 billion U.S. dollars
 Savings, percent of GDP 27.05 2023 percent
 Savings, in dollars 139.61 2023 billion U.S. dollars
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