United Kingdom: Industry value added

* indicates monthly or quarterly data series
 United Kingdom

Industry value added, billion USD

 Latest value 564.12
 Reference 2021
 Measure billion U.S. dollars
 Source The World Bank

For that indicator, we provide data for the United Kingdom from 1990 to 2021. The average value for the United Kingdom during that period was 444.32 billion U.S. dollars with a minimum of 276.06 billion U.S. dollars in 1993 and a maximum of 613.83 billion U.S. dollars in 2007. The latest value from 2021 is 564.12 billion U.S. dollars. For comparison, the world average in 2021 based on 137 countries is 135.78 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

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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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