United Kingdom: Industry value added

* indicates monthly or quarterly data series
 United Kingdom

Industry value added, billion USD

 Latest value 591.66
 Year 2023
 Measure billion U.S. dollars
 Data availability 1990 - 2023
 Average 446.43
 Min - Max 273.29 - 610.00
 Source The World Bank
The latest value from 2023 is 591.66 billion U.S. dollars, an increase from 536.91 billion U.S. dollars in 2022. In comparison, the world average is 124.18 billion U.S. dollars, based on data from 168 countries. Historically, the average for the United Kingdom from 1990 to 2023 is 446.43 billion U.S. dollars. The minimum value, 273.29 billion U.S. dollars, was reached in 1993 while the maximum of 610 billion U.S. dollars was recorded in 2007. 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
United Kingdom - Industry value added - Recent values chart

Historical series
United Kingdom - 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 Reference Measure
 Share of industry 17.50 2023 percent
 Share of manufacturing 8.28 2023 percent
 Share of services 72.53 2023 percent
 Industry value added 591.66 2023 billion U.S. dollars
 Manufacturing value added 279.78 2023 billion U.S. dollars
 Services value added 2,452.10 2023 billion U.S. dollars
 Savings, percent of GDP 15.39 2023 percent
 Savings, in dollars 452.46 2023 billion U.S. dollars
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