Industry value added — all countries

Industry value added — G7

Industry value added in the G7 in 2024 — 4,039,584,651,334 US$. Since 1994, the indicator has risen by 21.3%.

2024 4.04T US$ −2.46% vs 2023
World rank
Period maximum 8.78T US$2021
Period minimum 3.33T US$1994

Trend over time

1994–2024 · US$

Industry value added — G7, 1994–20242T4T6T8T10T199419972000200320062009201220152018202120241994: 3,329,526,410,143 US$1995: 3,701,963,392,729 US$1996: 3,486,263,011,693 US$1997: 5,354,404,369,980 US$1998: 5,260,032,111,940 US$1999: 5,497,048,732,642 US$2000: 5,640,990,635,491 US$2001: 5,322,676,855,279 US$2002: 5,289,977,152,764 US$2003: 5,814,138,156,073 US$2004: 6,391,862,878,964 US$2005: 6,658,319,917,441 US$2006: 6,975,486,168,770 US$2007: 7,452,046,900,448 US$2008: 7,719,936,185,093 US$2009: 6,849,485,951,001 US$2010: 7,303,105,926,372 US$2011: 7,721,281,389,101 US$2012: 7,684,278,170,079 US$2013: 7,612,299,815,085 US$2014: 7,821,115,182,124 US$2015: 7,314,299,502,579 US$2016: 7,444,345,726,165 US$2017: 7,778,027,788,568 US$2018: 8,249,290,834,041 US$2019: 8,271,330,237,377 US$2020: 7,869,955,301,069 US$2021: 8,780,582,330,445 US$2022: 4,344,783,761,607 US$2023: 4,141,341,728,291 US$2024: 4,039,584,651,334 US$
Change over the period: +710B (+21.33%) Average annual rate: 0.65 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G7

G7 4.04T US$
World 28.4T US$
Industry value added — G7, by year G7 All countries CSV XLSX
Year US$ Change Change, %
2024 4.04T −102B −2.46%
2023 4.14T −203B −4.68%
2022 4.34T −4.44T −50.52%
2021 8.78T +911B +11.57%
2020 7.87T −401B −4.85%
2019 8.27T +22.04B +0.27%
2018 8.25T +471B +6.06%
2017 7.78T +334B +4.48%
2016 7.44T +130B +1.78%
2015 7.31T −507B −6.48%
2014 7.82T +209B +2.74%
2013 7.61T −71.98B −0.94%
2012 7.68T −37B −0.48%
2011 7.72T +418B +5.73%
2010 7.3T +454B +6.62%
2009 6.85T −870B −11.28%
2008 7.72T +268B +3.59%
2007 7.45T +477B +6.83%
2006 6.98T +317B +4.76%
2005 6.66T +266B +4.17%
2004 6.39T +578B +9.94%
2003 5.81T +524B +9.91%
2002 5.29T −32.7B −0.61%
2001 5.32T −318B −5.64%
2000 5.64T +144B +2.62%
1999 5.5T +237B +4.51%
1998 5.26T −94.37B −1.76%
1997 5.35T +1.87T +53.59%
1996 3.49T −216B −5.83%
1995 3.7T +372B +11.19%
1994 3.33T

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.