China - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in China was 38,425,500,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 38,425,500,000,000 in 2020 and a minimum value of 36,390,000,000 in 1962.

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
1960 65,260,000,000
1961 39,350,000,000
1962 36,390,000,000
1963 41,280,000,000
1964 51,930,000,000
1965 60,850,000,000
1966 71,540,000,000
1967 60,800,000,000
1968 54,260,000,000
1969 69,500,000,000
1970 91,810,000,000
1971 102,990,000,000
1972 109,160,000,000
1973 118,030,000,000
1974 119,980,000,000
1975 137,870,000,000
1976 134,600,000,000
1977 151,780,000,000
1978 175,511,000,000
1979 192,533,000,000
1980 220,469,000,000
1981 226,902,000,000
1982 239,762,000,000
1983 266,297,000,000
1984 312,473,000,000
1985 388,637,000,000
1986 451,512,000,000
1987 527,383,000,000
1988 660,719,000,000
1989 730,071,000,000
1990 774,409,000,000
1991 912,956,000,000
1992 1,172,500,000,000
1993 1,647,270,000,000
1994 2,245,250,000,000
1995 2,867,670,000,000
1996 3,382,730,000,000
1997 3,754,500,000,000
1998 3,901,750,000,000
1999 4,107,990,000,000
2000 4,566,370,000,000
2001 4,965,940,000,000
2002 5,410,410,000,000
2003 6,269,580,000,000
2004 7,428,500,000,000
2005 8,808,220,000,000
2006 10,435,900,000,000
2007 12,663,100,000,000
2008 14,995,300,000,000
2009 16,016,900,000,000
2010 19,162,700,000,000
2011 22,703,500,000,000
2012 24,463,900,000,000
2013 26,195,200,000,000
2014 27,728,300,000,000
2015 28,133,900,000,000
2016 29,542,800,000,000
2017 33,158,000,000,000
2018 36,483,500,000,000
2019 38,067,100,000,000
2020 38,425,500,000,000

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