Italy: Industry value added

* indicates monthly or quarterly data series

Industry value added, billion USD

 Latest value 521.45
 Year 2023
 Measure billion U.S. dollars
 Data availability 1990 - 2023
 Average 400.83
 Min - Max 278.75 - 568.48
 Source The World Bank
For that indicator, we provide data for Italy from 1990 to 2023. The average value for Italy during that period was 400.83 billion U.S. dollars with a minimum of 278.75 billion U.S. dollars in 2000 and a maximum of 568.48 billion U.S. dollars in 2008. The latest value from 2023 is 521.45 billion U.S. dollars. For comparison, the world average in 2023 based on 152 countries is 132.74 billion U.S. dollars. 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 values chart
Italy - Industry value added - Recent values chart

Historical chart
Italy - Industry value added - historical chart - 1990-2023

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 value Reference Measure
 Share of industry 23.82 2022 percent
 Share of manufacturing 14.93 2022 percent
 Share of services 64.30 2022 percent
 Industry value added 521.45 2023 billion U.S. dollars
 Manufacturing value added 354.72 2023 billion U.S. dollars
 Services value added 1,463.91 2023 billion U.S. dollars
 Savings, percent of GDP 21.15 2022 percent
 Savings, in dollars 478.50 2023 billion U.S. dollars
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