Australia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Australia was 504,370,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 504,370,000,000 in 2020 and a minimum value of 113,716,000,000 in 1992.

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
1990 116,453,000,000
1991 114,834,000,000
1992 113,716,000,000
1993 119,152,000,000
1994 124,960,000,000
1995 130,962,000,000
1996 137,320,000,000
1997 140,262,000,000
1998 149,443,000,000
1999 152,950,000,000
2000 162,720,000,000
2001 167,205,000,000
2002 178,597,000,000
2003 193,073,000,000
2004 206,809,000,000
2005 227,823,000,000
2006 256,039,000,000
2007 279,511,000,000
2008 302,038,000,000
2009 341,149,000,000
2010 328,328,000,000
2011 376,196,000,000
2012 395,816,000,000
2013 387,160,000,000
2014 408,907,000,000
2015 384,625,000,000
2016 370,133,000,000
2017 412,861,000,000
2018 444,886,000,000
2019 492,940,000,000
2020 504,370,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts