China - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in China was 35,944,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 35,944,200,000,000 in 2020 and a minimum value of 101,588,000,000 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 constant local currency.

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

Year Value
1960 195,583,000,000
1961 113,634,000,000
1962 101,588,000,000
1963 116,319,000,000
1964 145,980,000,000
1965 181,015,000,000
1966 221,201,000,000
1967 189,569,000,000
1968 172,129,000,000
1969 228,931,000,000
1970 308,141,000,000
1971 346,351,000,000
1972 369,556,000,000
1973 400,229,000,000
1974 405,833,000,000
1975 469,548,000,000
1976 458,279,000,000
1977 518,772,000,000
1978 598,124,000,000
1979 647,317,000,000
1980 734,638,000,000
1981 748,473,000,000
1982 790,204,000,000
1983 872,258,000,000
1984 998,068,000,000
1985 1,181,710,000,000
1986 1,302,460,000,000
1987 1,479,540,000,000
1988 1,691,690,000,000
1989 1,755,110,000,000
1990 1,810,830,000,000
1991 2,060,460,000,000
1992 2,493,860,000,000
1993 2,986,260,000,000
1994 3,528,020,000,000
1995 4,015,770,000,000
1996 4,501,370,000,000
1997 4,973,020,000,000
1998 5,415,780,000,000
1999 5,860,040,000,000
2000 6,415,210,000,000
2001 6,959,940,000,000
2002 7,648,610,000,000
2003 8,617,480,000,000
2004 9,577,980,000,000
2005 10,739,600,000,000
2006 12,184,200,000,000
2007 14,018,000,000,000
2008 15,397,200,000,000
2009 16,982,000,000,000
2010 19,136,000,000,000
2011 21,181,300,000,000
2012 22,952,900,000,000
2013 24,786,200,000,000
2014 26,559,800,000,000
2015 28,133,900,000,000
2016 29,830,800,000,000
2017 31,581,300,000,000
2018 33,410,700,000,000
2019 35,039,300,000,000
2020 35,944,200,000,000

Base Period: varies by country

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