Industry value added - Country rankings
* indicates monthly or quarterly data series
Industry value added, billion USD, 2023:
The average for 2023 based on 44 countries was 144.69 billion U.S. dollars. The highest value was in Germany: 1214.84 billion U.S. dollars and the lowest value was in Andorra: 0.47 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.Measure: billion U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series
| Countries | Industry value added, 2023 | Global rank | Available data |
|---|---|---|---|
| Germany | 1214.84 | 1 | 1991 - 2023 |
| Russia | 619.52 | 2 | 1989 - 2023 |
| UK | 591.66 | 3 | 1990 - 2023 |
| France | 563.68 | 4 | 1960 - 2023 |
| Italy | 527.83 | 5 | 1990 - 2023 |
| Spain | 325.9 | 6 | 1995 - 2023 |
| Turkey | 317.33 | 7 | 1960 - 2023 |
| Poland | 243.22 | 8 | 1995 - 2023 |
| Switzerland | 220.6 | 9 | 1990 - 2023 |
| Netherlands | 216.41 | 10 | 1969 - 2023 |
| Norway | 189.16 | 11 | 1970 - 2023 |
| Ireland | 183 | 12 | 1995 - 2023 |
| Sweden | 136.01 | 13 | 1980 - 2023 |
| Austria | 129.17 | 14 | 1976 - 2023 |
| Belgium | 119.49 | 15 | 1995 - 2023 |
| Czechia | 104.41 | 16 | 1993 - 2023 |
| Denmark | 95.62 | 17 | 1966 - 2023 |
| Romania | 93.61 | 18 | 1990 - 2023 |
| Finland | 70.53 | 19 | 1975 - 2023 |
| Portugal | 52.47 | 20 | 1995 - 2023 |
| Hungary | 51.65 | 21 | 1995 - 2023 |
| Slovakia | 43.68 | 22 | 1995 - 2023 |
| Greece | 37.21 | 23 | 1995 - 2023 |
| Ukraine | 33.67 | 24 | 1987 - 2023 |
| Belarus | 23.38 | 25 | 1990 - 2023 |
| Bulgaria | 23.2 | 26 | 1980 - 2023 |
| Slovenia | 20.54 | 27 | 1995 - 2023 |
| Serbia | 19.5 | 28 | 1995 - 2023 |
| Lithuania | 19.34 | 29 | 1995 - 2023 |
| Croatia | 17.73 | 30 | 1995 - 2023 |
| Latvia | 9.44 | 31 | 1995 - 2023 |
| Estonia | 8.98 | 32 | 1995 - 2023 |
| Luxembourg | 8.98 | 33 | 1995 - 2023 |
| Iceland | 6.6 | 34 | 1995 - 2023 |
| Bosnia & Herz. | 6.54 | 35 | 1994 - 2023 |
| Albania | 5.42 | 36 | 1996 - 2023 |
| North Macedonia | 3.67 | 37 | 1990 - 2023 |
| Cyprus | 3.56 | 38 | 1975 - 2023 |
| Moldova | 2.88 | 39 | 1995 - 2023 |
| Malta | 2.61 | 40 | 1970 - 2023 |
| Monaco | 1.15 | 41 | 2010 - 2023 |
| Montenegro | 0.94 | 42 | 2000 - 2023 |
| Faroe Isl. | 0.77 | 43 | 1998 - 2023 |
| Andorra | 0.47 | 44 | 2000 - 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.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
1214.84
619.52
591.66
563.68
527.83
325.90
317.33
243.22
220.60
216.41
189.16
183.00
136.01
129.17
119.49
104.41
95.62
93.61
70.53
52.47
51.65
43.68
37.21
33.67
23.38
23.20
20.54
19.50
19.34
17.73
9.44
8.98
8.98
6.60
6.54
5.42
3.67
3.56
2.88
2.61
1.15
0.94
0.77
0.47
0
303.7
607.4
911.1
1214.84
Industry value added around the world Industry value added in Asia Industry value added in Africa Industry value added in North America Industry value added in South America Industry value added in Australia/Oceania Industry value added in the European union Industry value added in Sub Sahara Africa Industry value added in MENA Industry value added in South East Asia Industry value added in Latin America