China: Industry value added

* indicates monthly or quarterly data series
 China

Industry value added, billion USD

 Latest value 6,812.38
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 1,365.69
 Min - Max 14.78 - 7,032.49
 Source The World Bank
The latest value from 2023 is 6812.38 billion U.S. dollars, a decline from 7032.49 billion U.S. dollars in 2022. In comparison, the world average is 132.74 billion U.S. dollars, based on data from 152 countries. Historically, the average for China from 1960 to 2023 is 1365.69 billion U.S. dollars. The minimum value, 14.78 billion U.S. dollars, was reached in 1962 while the maximum of 7032.49 billion U.S. dollars was recorded in 2022. 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
China - Industry value added - Recent values chart

Historical series
China - Industry value added - historical chart - 1960-2023




Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 38.28 2023 percent
 Share of manufacturing 26.18 2023 percent
 Share of services 54.60 2023 percent
 Industry value added 6,812.38 2023 billion U.S. dollars
 Manufacturing value added 4,658.78 2023 billion U.S. dollars
 Services value added 9,715.39 2023 billion U.S. dollars
 Savings, percent of GDP 46.05 2022 percent
 Savings, in dollars 8,234.62 2022 billion U.S. dollars
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