European Union - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in European Union was $2,228,280,000,000 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between $2,487,760,000,000 in 2008 and $1,227,960,000,000 in 1993.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 $1,329,630,000,000
1992 $1,406,670,000,000
1993 $1,227,960,000,000
1994 $1,291,920,000,000
1995 $1,499,650,000,000
1996 $1,491,270,000,000
1997 $1,373,170,000,000
1998 $1,415,570,000,000
1999 $1,378,520,000,000
2000 $1,273,890,000,000
2001 $1,270,960,000,000
2002 $1,352,580,000,000
2003 $1,620,270,000,000
2004 $1,841,110,000,000
2005 $1,887,700,000,000
2006 $2,010,510,000,000
2007 $2,334,770,000,000
2008 $2,487,760,000,000
2009 $2,048,090,000,000
2010 $2,107,060,000,000
2011 $2,326,350,000,000
2012 $2,130,690,000,000
2013 $2,213,430,000,000
2014 $2,298,790,000,000
2015 $2,071,090,000,000
2016 $2,136,820,000,000
2017 $2,257,320,000,000
2018 $2,422,170,000,000
2019 $2,341,560,000,000
2020 $2,228,280,000,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in European Union was 2,106,300,000,000 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between 2,270,590,000,000 in 2019 and 1,358,160,000,000 in 1993.

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 expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 1,443,410,000,000
1992 1,422,100,000,000
1993 1,358,160,000,000
1994 1,423,730,000,000
1995 1,465,550,000,000
1996 1,466,810,000,000
1997 1,526,300,000,000
1998 1,572,490,000,000
1999 1,614,570,000,000
2000 1,709,950,000,000
2001 1,738,690,000,000
2002 1,738,990,000,000
2003 1,756,890,000,000
2004 1,812,290,000,000
2005 1,851,230,000,000
2006 1,959,830,000,000
2007 2,040,720,000,000
2008 2,001,510,000,000
2009 1,712,710,000,000
2010 1,881,130,000,000
2011 1,969,740,000,000
2012 1,921,520,000,000
2013 1,913,070,000,000
2014 1,977,750,000,000
2015 2,071,090,000,000
2016 2,126,830,000,000
2017 2,210,080,000,000
2018 2,259,480,000,000
2019 2,270,590,000,000
2020 2,106,300,000,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in European Union was -7.24 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 9.83 in 2010 and a minimum value of -14.43 in 2009.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 -1.48
1993 -4.50
1994 4.83
1995 2.94
1996 0.09
1997 4.06
1998 3.03
1999 2.68
2000 5.91
2001 1.68
2002 0.02
2003 1.03
2004 3.15
2005 2.15
2006 5.87
2007 4.13
2008 -1.92
2009 -14.43
2010 9.83
2011 4.71
2012 -2.45
2013 -0.44
2014 3.38
2015 4.72
2016 2.69
2017 3.91
2018 2.24
2019 0.49
2020 -7.24

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in European Union was 14.57 as of 2020. Its highest value over the past 29 years was 19.74 in 1991, while its lowest value was 13.87 in 2009.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 19.74
1992 18.99
1993 18.16
1994 18.04
1995 18.08
1996 17.69
1997 17.76
1998 17.76
1999 17.39
2000 17.51
2001 17.19
2002 16.73
2003 16.31
2004 16.12
2005 15.85
2006 15.81
2007 15.85
2008 15.26
2009 13.87
2010 14.47
2011 14.76
2012 14.56
2013 14.47
2014 14.69
2015 15.28
2016 15.38
2017 15.29
2018 15.16
2019 14.92
2020 14.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts