Greece - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Greece was 47,205 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 55,273 in 2013 and 35,560 in 1996.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 36,008
1996 35,560
1997 36,690
1998 36,705
1999 40,561
2000 42,064
2001 44,196
2002 46,189
2003 49,807
2004 50,489
2005 48,901
2006 53,317
2007 51,191
2008 44,980
2009 47,747
2010 45,799
2011 48,077
2012 53,050
2013 55,273
2014 53,651
2015 52,370
2016 51,533
2017 48,875
2018 48,357
2019 47,205

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Greece was $28,320,560,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $57,397,270,000 in 2007 and $24,457,700,000 in 2000.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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
1995 $26,848,250,000
1996 $27,517,370,000
1997 $25,674,040,000
1998 $26,286,740,000
1999 $27,272,900,000
2000 $24,457,700,000
2001 $26,352,370,000
2002 $30,045,310,000
2003 $41,521,330,000
2004 $49,021,670,000
2005 $44,132,950,000
2006 $54,674,450,000
2007 $57,397,270,000
2008 $55,734,510,000
2009 $50,734,830,000
2010 $44,275,250,000
2011 $40,686,660,000
2012 $35,831,900,000
2013 $35,979,370,000
2014 $33,245,910,000
2015 $28,372,790,000
2016 $28,068,330,000
2017 $27,436,030,000
2018 $28,899,030,000
2019 $27,341,710,000
2020 $28,320,560,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Greece was 24,794,830,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 43,544,520,000 in 2006 and a minimum value of 18,254,130,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 local currency.

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

Year Value
1995 18,254,130,000
1996 19,438,270,000
1997 20,572,610,000
1998 22,798,490,000
1999 25,589,700,000
2000 26,480,480,000
2001 29,423,290,000
2002 31,774,680,000
2003 36,706,840,000
2004 39,409,590,000
2005 35,474,080,000
2006 43,544,520,000
2007 41,881,210,000
2008 37,895,160,000
2009 36,374,730,000
2010 33,397,220,000
2011 29,229,860,000
2012 27,889,330,000
2013 27,090,490,000
2014 25,025,130,000
2015 25,572,290,000
2016 25,357,520,000
2017 24,286,520,000
2018 24,470,910,000
2019 24,423,700,000
2020 24,794,830,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Greece was 30,350,560,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 53,780,940,000 in 2006 and 28,357,720,000 in 2017.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1995 34,302,240,000
1996 33,888,200,000
1997 34,562,510,000
1998 36,285,130,000
1999 39,783,450,000
2000 41,187,110,000
2001 44,030,920,000
2002 46,251,970,000
2003 50,132,660,000
2004 51,055,510,000
2005 49,445,630,000
2006 53,780,940,000
2007 52,740,840,000
2008 46,074,030,000
2009 45,860,560,000
2010 39,379,890,000
2011 34,704,670,000
2012 32,670,570,000
2013 30,548,820,000
2014 28,596,990,000
2015 28,372,790,000
2016 28,991,560,000
2017 28,357,720,000
2018 29,406,030,000
2019 29,755,990,000
2020 30,350,560,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Greece was 2.00 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 9.64 in 1999 and a minimum value of -14.13 in 2010.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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
1996 -1.21
1997 1.99
1998 4.98
1999 9.64
2000 3.53
2001 6.90
2002 5.04
2003 8.39
2004 1.84
2005 -3.15
2006 8.77
2007 -1.93
2008 -12.64
2009 -0.46
2010 -14.13
2011 -11.87
2012 -5.86
2013 -6.49
2014 -6.39
2015 -0.78
2016 2.18
2017 -2.19
2018 3.70
2019 1.19
2020 2.00

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Greece was 27,354,850,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 48,472,570,000 in 2006 and a minimum value of 25,558,710,000 in 2017.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 constant local currency.

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

Year Value
1995 30,916,490,000
1996 30,543,310,000
1997 31,151,070,000
1998 32,703,660,000
1999 35,856,680,000
2000 37,121,800,000
2001 39,684,910,000
2002 41,686,740,000
2003 45,184,380,000
2004 46,016,140,000
2005 44,565,170,000
2006 48,472,570,000
2007 47,535,130,000
2008 41,526,360,000
2009 41,333,960,000
2010 35,492,950,000
2011 31,279,200,000
2012 29,445,870,000
2013 27,533,540,000
2014 25,774,360,000
2015 25,572,290,000
2016 26,129,990,000
2017 25,558,710,000
2018 26,503,550,000
2019 26,818,970,000
2020 27,354,850,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Greece was 15.00 as of 2020. Its highest value over the past 25 years was 20.52 in 2003, while its lowest value was 13.33 in 2019.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 or 4.

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

See also:

Year Value
1995 19.61
1996 18.87
1997 17.93
1998 18.20
1999 19.13
2000 18.75
2001 19.33
2002 19.44
2003 20.52
2004 20.34
2005 17.80
2006 19.99
2007 18.00
2008 15.66
2009 15.31
2010 14.90
2011 14.38
2012 14.80
2013 15.06
2014 14.12
2015 14.50
2016 14.53
2017 13.73
2018 13.63
2019 13.33
2020 15.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts