Central Europe and the Baltics - Industry

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

The latest value for Industry, value added per worker (constant 2010 US$) in Central Europe and the Baltics was 28,076 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 28,076 in 2019 and 12,537 in 1995.

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 12,537
1996 13,101
1997 13,390
1998 13,775
1999 14,570
2000 15,687
2001 16,320
2002 17,355
2003 18,329
2004 19,319
2005 20,270
2006 21,585
2007 22,157
2008 22,655
2009 22,627
2010 24,549
2011 25,715
2012 25,215
2013 25,157
2014 25,868
2015 26,823
2016 26,448
2017 26,830
2018 27,654
2019 28,076

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Central Europe and the Baltics was $443,968,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $460,171,000,000 in 2008 and $122,393,000,000 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 U.S. dollars.

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

See also:

Year Value
1995 $122,393,000,000
1996 $129,352,000,000
1997 $126,840,000,000
1998 $136,009,000,000
1999 $128,312,000,000
2000 $123,717,000,000
2001 $134,220,000,000
2002 $149,073,000,000
2003 $180,136,000,000
2004 $223,368,000,000
2005 $260,142,000,000
2006 $299,397,000,000
2007 $379,139,000,000
2008 $460,171,000,000
2009 $382,332,000,000
2010 $389,287,000,000
2011 $436,212,000,000
2012 $395,226,000,000
2013 $404,642,000,000
2014 $425,847,000,000
2015 $377,453,000,000
2016 $379,530,000,000
2017 $409,332,000,000
2018 $456,003,000,000
2019 $456,280,000,000
2020 $443,968,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Central Europe and the Baltics was 402,002,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 428,466,000,000 in 2019 and 196,636,000,000 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1995 196,636,000,000
1996 204,461,000,000
1997 206,392,000,000
1998 209,432,000,000
1999 210,988,000,000
2000 217,506,000,000
2001 224,192,000,000
2002 231,956,000,000
2003 244,298,000,000
2004 262,516,000,000
2005 277,904,000,000
2006 306,535,000,000
2007 328,914,000,000
2008 347,757,000,000
2009 325,741,000,000
2010 337,757,000,000
2011 353,305,000,000
2012 344,821,000,000
2013 342,468,000,000
2014 360,207,000,000
2015 377,453,000,000
2016 385,440,000,000
2017 401,476,000,000
2018 418,675,000,000
2019 428,466,000,000
2020 402,002,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Central Europe and the Baltics was -6.18 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 10.30 in 2006 and a minimum value of -6.33 in 2009.

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 3.98
1997 0.94
1998 1.47
1999 0.74
2000 3.09
2001 3.07
2002 3.46
2003 5.32
2004 7.46
2005 5.86
2006 10.30
2007 7.30
2008 5.73
2009 -6.33
2010 3.69
2011 4.60
2012 -2.40
2013 -0.68
2014 5.18
2015 4.79
2016 2.12
2017 4.16
2018 4.28
2019 2.34
2020 -6.18

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Central Europe and the Baltics was 26.85 as of 2020. Its highest value over the past 25 years was 31.12 in 1995, while its lowest value was 26.85 in 2020.

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 31.12
1996 31.08
1997 30.93
1998 30.30
1999 29.50
2000 28.89
2001 28.63
2002 28.21
2003 28.41
2004 29.27
2005 29.33
2006 29.85
2007 29.93
2008 30.02
2009 29.62
2010 29.53
2011 30.10
2012 29.20
2013 28.44
2014 29.05
2015 29.19
2016 28.72
2017 27.95
2018 27.71
2019 27.26
2020 26.85

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts