Industry value added — all countries

Industry value added — South America

Industry value added in South America in 2024 — 1,008,902,417,583 US$. Since 1965, the indicator has risen by 4,977.3%.

2024 1.01T US$ −0.92% vs 2023
World rank
Period maximum 1.06T US$2011
Period minimum 18.55B US$1967

Trend over time

1965–2024 · US$

Industry value added — South America, 1965–20240500B1T1.5T196519711977198319891995200120072013201920241965: 19,870,718,438 US$1966: 20,902,129,406 US$1967: 18,553,793,714 US$1968: 24,032,342,618 US$1969: 27,399,855,952 US$1970: 27,465,787,238 US$1971: 31,086,929,441 US$1972: 33,132,850,241 US$1973: 46,085,439,661 US$1974: 65,937,532,369 US$1975: 55,306,779,189 US$1976: 60,053,787,062 US$1977: 70,416,740,575 US$1978: 83,000,097,540 US$1979: 186,478,126,505 US$1980: 195,381,284,549 US$1981: 215,894,602,515 US$1982: 216,664,967,412 US$1983: 183,008,447,132 US$1984: 192,647,273,056 US$1985: 183,137,786,134 US$1986: 204,245,527,516 US$1987: 214,151,567,127 US$1988: 242,931,942,901 US$1989: 266,931,059,310 US$1990: 246,565,036,015 US$1991: 222,982,079,289 US$1992: 239,719,996,797 US$1993: 263,127,168,074 US$1994: 328,515,913,649 US$1995: 335,616,266,003 US$1996: 348,407,140,375 US$1997: 369,356,370,937 US$1998: 353,917,394,613 US$1999: 279,242,139,557 US$2000: 305,568,664,399 US$2001: 273,694,726,730 US$2002: 223,721,930,398 US$2003: 255,106,594,169 US$2004: 319,344,703,896 US$2005: 408,903,211,056 US$2006: 501,652,653,524 US$2007: 603,484,147,881 US$2008: 712,786,222,709 US$2009: 658,954,155,756 US$2010: 887,392,609,121 US$2011: 1,057,385,285,654 US$2012: 1,020,114,083,634 US$2013: 1,006,605,148,303 US$2014: 964,542,813,097 US$2015: 760,974,480,340 US$2016: 717,236,181,923 US$2017: 812,156,590,964 US$2018: 799,626,033,033 US$2019: 754,096,092,706 US$2020: 633,565,011,319 US$2021: 814,453,567,408 US$2022: 957,083,707,570 US$2023: 1,018,289,310,957 US$2024: 1,008,902,417,583 US$
Change over the period: +989B (+4,977.33%) Average annual rate: 6.88 %

Comparison, 2024

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

South America 1.01T US$
World 28.4T US$
Industry value added — South America, by year South America All countries CSV XLSX
Year US$ Change Change, %
2024 1.01T −9.39B −0.92%
2023 1.02T +61.21B +6.4%
2022 957B +143B +17.51%
2021 814B +181B +28.55%
2020 634B −121B −15.98%
2019 754B −45.53B −5.69%
2018 800B −12.53B −1.54%
2017 812B +94.92B +13.23%
2016 717B −43.74B −5.75%
2015 761B −204B −21.11%
2014 965B −42.06B −4.18%
2013 1.01T −13.51B −1.32%
2012 1.02T −37.27B −3.52%
2011 1.06T +170B +19.16%
2010 887B +228B +34.67%
2009 659B −53.83B −7.55%
2008 713B +109B +18.11%
2007 603B +102B +20.3%
2006 502B +92.75B +22.68%
2005 409B +89.56B +28.04%
2004 319B +64.24B +25.18%
2003 255B +31.38B +14.03%
2002 224B −49.97B −18.26%
2001 274B −31.87B −10.43%
2000 306B +26.33B +9.43%
1999 279B −74.68B −21.1%
1998 354B −15.44B −4.18%
1997 369B +20.95B +6.01%
1996 348B +12.79B +3.81%
1995 336B +7.1B +2.16%
1994 329B +65.39B +24.85%
1993 263B +23.41B +9.76%
1992 240B +16.74B +7.51%
1991 223B −23.58B −9.56%
1990 247B −20.37B −7.63%
1989 267B +24B +9.88%
1988 243B +28.78B +13.44%
1987 214B +9.91B +4.85%
1986 204B +21.11B +11.53%
1985 183B −9.51B −4.94%
1984 193B +9.64B +5.27%
1983 183B −33.66B −15.53%
1982 217B +770M +0.36%
1981 216B +20.51B +10.5%
1980 195B +8.9B +4.77%
1979 186B +103B +124.67%
1978 83B +12.58B +17.87%
1977 70.42B +10.36B +17.26%
1976 60.05B +4.75B +8.58%
1975 55.31B −10.63B −16.12%
1974 65.94B +19.85B +43.08%
1973 46.09B +12.95B +39.09%
1972 33.13B +2.05B +6.58%
1971 31.09B +3.62B +13.18%
1970 27.47B +65.93M +0.24%
1969 27.4B +3.37B +14.01%
1968 24.03B +5.48B +29.53%
1967 18.55B −2.35B −11.23%
1966 20.9B +1.03B +5.19%
1965 19.87B

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.