Industry, value added (current US$) - Country Ranking

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 China 5,532,090,000,000.00 2018
2 United States 3,547,890,000,000.00 2017
3 Japan 1,416,390,000,000.00 2017
4 Germany 1,084,080,000,000.00 2018
5 India 727,163,000,000.00 2018
6 Korea 568,795,000,000.00 2018
7 Russia 531,513,000,000.00 2018
8 United Kingdom 499,942,000,000.00 2018
9 France 469,347,000,000.00 2018
10 Italy 446,013,000,000.00 2018
11 Indonesia 414,060,000,000.00 2018
12 Saudi Arabia 389,648,000,000.00 2018
13 Canada 385,295,000,000.00 2015
14 Mexico 377,683,000,000.00 2018
15 Australia 345,864,000,000.00 2018
16 Brazil 344,627,000,000.00 2018
17 Spain 283,704,000,000.00 2018
18 Turkey 227,339,000,000.00 2018
19 United Arab Emirates 193,792,000,000.00 2018
20 Venezuela 179,653,000,000.00 2014
21 Thailand 176,620,000,000.00 2018
22 Switzerland 176,366,000,000.00 2018
23 Poland 167,589,000,000.00 2018
24 Netherlands 163,858,000,000.00 2018
25 Iran 158,496,000,000.00 2017
26 Ireland 140,742,000,000.00 2018
27 Norway 139,144,000,000.00 2018
28 Malaysia 137,325,000,000.00 2018
29 Iraq 125,792,000,000.00 2018
30 Sweden 125,457,000,000.00 2018
31 Argentina 119,400,000,000.00 2018
32 Austria 117,234,000,000.00 2018
33 Qatar 116,843,000,000.00 2018
34 Belgium 103,611,000,000.00 2018
35 Nigeria 102,289,000,000.00 2018
36 Philippines 101,745,000,000.00 2018
37 South Africa 95,215,540,000.00 2018
38 Singapore 91,774,760,000.00 2018
39 Chile 89,363,730,000.00 2018
40 Colombia 88,298,720,000.00 2018
41 Egypt 88,023,980,000.00 2018
42 Vietnam 83,942,470,000.00 2018
43 Kuwait 83,806,630,000.00 2018
44 Czech Republic 78,935,700,000.00 2018
45 Bangladesh 78,198,470,000.00 2018
46 Denmark 75,243,740,000.00 2018
47 Israel 71,952,970,000.00 2018
48 Peru 69,888,340,000.00 2018
49 Romania 69,407,550,000.00 2018
50 Algeria 68,805,540,000.00 2018
51 Finland 67,796,180,000.00 2018
52 Libya 67,569,220,000.00 2008
53 Kazakhstan 60,072,080,000.00 2018
54 Pakistan 56,583,570,000.00 2018
55 Angola 51,497,120,000.00 2017
56 Puerto Rico 50,701,100,000.00 2018
57 Portugal 46,108,140,000.00 2018
58 Hungary 40,091,840,000.00 2018
59 Oman 37,064,060,000.00 2018
60 New Zealand 36,039,050,000.00 2016
61 Ecuador 35,413,160,000.00 2018
62 Greece 33,292,160,000.00 2018
63 Slovak Republic 31,912,430,000.00 2018
64 Morocco 30,563,710,000.00 2018
65 Ukraine 30,477,010,000.00 2018
66 Cuba 25,123,000,000.00 2018
67 Dominican Republic 24,649,610,000.00 2018
68 Azerbaijan 24,506,530,000.00 2018
69 Sri Lanka 23,996,360,000.00 2018
70 Hong Kong SAR, China 23,425,910,000.00 2018
71 Myanmar 22,996,410,000.00 2018
72 Ethiopia 22,991,130,000.00 2018
73 Dem. Rep. Congo 20,809,780,000.00 2018
74 Ghana 20,668,300,000.00 2018
75 Turkmenistan 20,393,710,000.00 2015
76 Guatemala 19,271,680,000.00 2018
77 Panama 18,970,900,000.00 2018
78 Belarus 18,789,750,000.00 2018
79 Bahrain 16,395,820,000.00 2018
80 Bulgaria 15,472,960,000.00 2018
81 Slovenia 15,356,930,000.00 2018
82 Uruguay 14,597,020,000.00 2018
83 Syrian Arab Republic 14,510,150,000.00 2007
84 Kenya 14,407,710,000.00 2018
85 Uzbekistan 14,352,410,000.00 2018
86 Paraguay 13,717,760,000.00 2018
87 Lithuania 13,634,230,000.00 2018
88 Tanzania 13,383,220,000.00 2017
89 Serbia 12,890,000,000.00 2018
90 Croatia 12,410,700,000.00 2018
91 Costa Rica 11,706,730,000.00 2018
92 Jordan 11,647,650,000.00 2018
93 Côte d'Ivoire 10,856,870,000.00 2018
94 Bolivia 10,574,130,000.00 2018
95 Zimbabwe 10,070,340,000.00 2018
96 Trinidad and Tobago 9,999,660,000.00 2018
97 Cameroon 9,971,068,000.00 2018
98 Zambia 9,690,049,000.00 2018
99 Tunisia 9,045,222,000.00 2018
100 Brunei 8,580,488,000.00 2018
101 Luxembourg 8,344,026,000.00 2018
102 Papua New Guinea 8,269,182,000.00 2017
103 Gabon 8,221,852,000.00 2018
104 Lebanon 7,989,678,000.00 2018
105 Cambodia 7,924,616,000.00 2018
106 Yemen 7,721,469,000.00 2018
107 Equatorial Guinea 7,610,272,000.00 2018
108 Estonia 7,420,210,000.00 2018
109 Latvia 6,708,234,000.00 2018
110 El Salvador 6,605,000,000.00 2018
111 Honduras 6,422,969,000.00 2018
112 Haiti 6,394,430,000.00 2018
113 Senegal 6,232,910,000.00 2018
114 Congo 5,960,789,000.00 2018
115 Lao PDR 5,661,402,000.00 2018
116 Botswana 5,457,688,000.00 2018
117 Uganda 5,455,737,000.00 2018
118 Mongolia 5,058,967,000.00 2018
119 Bosnia and Herzegovina 4,929,590,000.00 2018
120 Afghanistan 4,467,967,000.00 2017
121 Namibia 4,258,929,000.00 2018
122 Iceland 4,062,926,000.00 2016
123 Nepal 3,906,313,000.00 2018
124 Mozambique 3,581,304,000.00 2018
125 Georgia 3,505,465,000.00 2018
126 Nicaragua 3,385,679,000.00 2018
127 Mali 3,280,125,000.00 2018
128 Albania 3,217,499,000.00 2018
129 Madagascar 3,201,571,000.00 2018
130 Jamaica 3,182,325,000.00 2018
131 Armenia 3,106,210,000.00 2018
132 Cyprus 3,040,568,000.00 2018
133 North Macedonia 2,985,351,000.00 2018
134 Burkina Faso 2,747,799,000.00 2018
135 Guinea 2,706,176,000.00 2018
136 Liechtenstein 2,600,771,000.00 2016
137 Moldova 2,595,730,000.00 2018
138 Mauritius 2,503,241,000.00 2018
139 Macao SAR, China 2,263,611,000.00 2018
140 Benin 2,224,699,000.00 2018
141 Kyrgyz Republic 2,222,469,000.00 2018
142 Tajikistan 2,061,288,000.00 2018
143 Malta 1,754,399,000.00 2018
144 The Bahamas 1,615,500,000.00 2018
145 Chad 1,614,226,000.00 2018
146 Eswatini 1,548,823,000.00 2018
147 Rwanda 1,542,956,000.00 2018
148 Niger 1,438,976,000.00 2018
149 Mauritania 1,365,266,000.00 2018
150 Guyana 1,365,238,000.00 2018
151 Suriname 1,298,894,000.00 2018
152 Timor-Leste 1,139,182,000.00 2017
153 Bhutan 1,025,560,000.00 2017
154 Sudan 973,371,800.00 2018
155 Lesotho 971,632,300.00 2018
156 Monaco 939,683,600.00 2018
157 Malawi 904,602,000.00 2017
158 Montenegro 877,040,800.00 2018
159 Fiji 861,432,300.00 2018
160 Togo 828,509,200.00 2018
161 New Caledonia 645,500,000.00 1997
162 Barbados 634,250,000.00 2010
163 Greenland 478,824,100.00 2016
164 Central African Republic 456,316,100.00 2018
165 Liberia 408,473,300.00 2018
166 Eritrea 405,118,700.00 2009
167 Cabo Verde 379,126,600.00 2018
168 Cayman Islands 372,065,100.00 2017
169 Djibouti 366,447,100.00 2018
170 Antigua and Barbuda 340,618,500.00 2018
171 Burundi 337,318,600.00 2018
172 Andorra 299,481,600.00 2017
173 St. Kitts and Nevis 259,564,500.00 2018
174 The Gambia 254,176,400.00 2018
175 Belize 223,704,300.00 2018
176 Sierra Leone 215,301,500.00 2018
177 St. Lucia 194,327,000.00 2018
178 Guinea-Bissau 184,267,800.00 2018
179 Seychelles 173,219,400.00 2018
180 Grenada 157,585,200.00 2018
181 Samoa 124,008,600.00 2018
182 St. Vincent and the Grenadines 121,655,600.00 2018
183 Comoros 104,374,300.00 2018
184 Somalia 88,509,940.00 1986
185 Dominica 87,074,070.00 2018
186 Vanuatu 84,017,500.00 2015
187 Tonga 69,264,070.00 2016
188 São Tomé and Principe 62,388,320.00 2018
189 Kiribati 22,979,000.00 2017
190 Palau 22,609,000.00 2018
191 Nauru 5,495,715.00 2015
192 Tuvalu 2,582,545.00 2015

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Limitations and Exceptions: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector. Even in large industries, where regular surveys are more likely, evasion of excise and other taxes and nondisclosure of income lower the estimates of value added. Such problems become more acute as countries move from state control of industry to private enterprise, because new firms and growing numbers of established firms fail to report. In accordance with the System of National Accounts, output should include all such unreported activity as well as the value of illegal activities and other unrecorded, informal, or small-scale operations. Data on these activities need to be collected using techniques other than conventional surveys of firms.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Gap-filled total

Periodicity: Annual

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