Industry value added — all countries

Industry value added — High-income countries

Industry value added in high-income countries in 2024 — 9,879,881,818,396 US$. Since 1995, the indicator has risen by 85.6%.

2024 9.88T US$ −0.37% vs 2023
World rank
Period maximum 14.02T US$2021
Period minimum 5.16T US$1996

Trend over time

1995–2024 · US$

Industry value added — High-income countries, 1995–20245T7.5T10T12.5T15T199519982001200420072010201320162019202220241995: 5,322,823,931,363 US$1996: 5,163,292,191,266 US$1997: 6,964,978,586,631 US$1998: 6,733,303,345,566 US$1999: 6,994,475,261,677 US$2000: 7,248,460,841,832 US$2001: 6,915,464,582,988 US$2002: 7,004,099,156,667 US$2003: 7,853,487,443,482 US$2004: 8,846,778,014,900 US$2005: 9,479,440,496,728 US$2006: 10,183,748,574,658 US$2007: 11,166,807,578,198 US$2008: 11,961,322,347,922 US$2009: 10,331,143,608,230 US$2010: 11,249,391,152,723 US$2011: 12,416,613,758,487 US$2012: 12,399,245,102,101 US$2013: 12,394,420,021,335 US$2014: 12,548,009,928,458 US$2015: 11,296,977,677,535 US$2016: 11,304,333,935,406 US$2017: 12,070,091,485,709 US$2018: 13,040,865,925,554 US$2019: 12,933,356,133,807 US$2020: 12,130,335,225,471 US$2021: 14,015,196,515,532 US$2022: 10,319,573,366,316 US$2023: 9,916,157,234,025 US$2024: 9,879,881,818,396 US$
Change over the period: +4.56T (+85.61%) Average annual rate: 2.16 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 9.88T US$
World 28.4T US$
Industry value added — High-income countries, by year High-income countries All countries CSV XLSX
Year US$ Change Change, %
2024 9.88T −36.28B −0.37%
2023 9.92T −403B −3.91%
2022 10.32T −3.7T −26.37%
2021 14.02T +1.88T +15.54%
2020 12.13T −803B −6.21%
2019 12.93T −108B −0.82%
2018 13.04T +971B +8.04%
2017 12.07T +766B +6.77%
2016 11.3T +7.36B +0.07%
2015 11.3T −1.25T −9.97%
2014 12.55T +154B +1.24%
2013 12.39T −4.83B −0.04%
2012 12.4T −17.37B −0.14%
2011 12.42T +1.17T +10.38%
2010 11.25T +918B +8.89%
2009 10.33T −1.63T −13.63%
2008 11.96T +795B +7.11%
2007 11.17T +983B +9.65%
2006 10.18T +704B +7.43%
2005 9.48T +633B +7.15%
2004 8.85T +993B +12.65%
2003 7.85T +849B +12.13%
2002 7T +88.63B +1.28%
2001 6.92T −333B −4.59%
2000 7.25T +254B +3.63%
1999 6.99T +261B +3.88%
1998 6.73T −232B −3.33%
1997 6.96T +1.8T +34.89%
1996 5.16T −160B −3%
1995 5.32T

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.