Ireland: Industry value added
* indicates monthly or quarterly data series
Ireland |
Industry value added, billion USD |
---|---|
Latest value | 205.11 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 1995 - 2023 |
Average | 82.38 |
Min - Max | 20.01 - 221.18 |
Source | The World Bank |
The latest value from 2023 is 205.11 billion U.S. dollars, a decline from 221.18 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 Ireland from 1995 to 2023 is 82.38 billion U.S. dollars. The minimum value, 20.01 billion U.S. dollars, was reached in 1995 while the maximum of 221.18 billion U.S. dollars was recorded in 2022.
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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 | 37.59 | 2023 | percent |
Share of manufacturing | 34.19 | 2023 | percent |
Share of services | 56.62 | 2023 | percent |
Industry value added | 205.11 | 2023 | billion U.S. dollars |
Manufacturing value added | 186.52 | 2023 | billion U.S. dollars |
Services value added | 308.95 | 2023 | billion U.S. dollars |
Savings, percent of GDP | 37.00 | 2023 | percent |
Savings, in dollars | 201.87 | 2023 | billion U.S. dollars |