* indicates monthly or quarterly data series

Manufacturing value added, billion USD, 2023:

The average for 2023 based on 38 countries was 98.17 billion U.S. dollars. The highest value was in Germany: 844.93 billion U.S. dollars and the lowest value was in Albania: 1.36 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 Manufacturing value added, 2023 Global rank Available data
Germany 844.93 1 1991 - 2023
Italy 354.72 2 1990 - 2023
France 294.47 3 1960 - 2023
UK 284.06 4 1990 - 2023
Russia 251.58 5 2002 - 2023
Turkey 215.04 6 1960 - 2023
Ireland 186.52 7 1995 - 2023
Spain 181.59 8 1995 - 2023
Switzerland 160.23 9 1990 - 2023
Poland 131.71 10 1995 - 2023
Netherlands 130.23 11 1969 - 2023
Austria 80.82 12 1976 - 2023
Sweden 77.46 13 1980 - 2023
Belgium 75.08 14 1995 - 2023
Czechia 70.73 15 1993 - 2023
Denmark 56.28 16 1966 - 2023
Romania 47.92 17 1991 - 2023
Finland 44.97 18 1975 - 2023
Hungary 36.4 19 1995 - 2023
Portugal 34.3 20 1995 - 2023
Norway 29.46 21 1970 - 2023
Slovakia 28.61 22 1995 - 2023
Greece 21.08 23 1995 - 2023
Belarus 16.53 24 1992 - 2023
Ukraine 14.74 25 1989 - 2023
Slovenia 13.54 26 1995 - 2023
Lithuania 11.08 27 1995 - 2023
Croatia 8.76 28 1995 - 2023
Latvia 5.19 29 1995 - 2023
Estonia 5.18 30 1995 - 2023
Bosnia & Herz. 3.53 31 1994 - 2023
Luxembourg 3.03 32 1995 - 2023
Iceland 2.88 33 1995 - 2023
North Macedonia 1.83 34 1990 - 2023
Cyprus 1.69 35 1975 - 2023
Malta 1.42 36 1970 - 2023
Albania 1.36 37 1996 - 2023
Moldova 1.36 38 1995 - 2023



Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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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