Industry, value added (constant 2010 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 constant 2010 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 4,979,050,000,000.00 2018
2 United States 3,205,570,000,000.00 2017
3 Japan 1,894,280,000,000.00 2017
4 Germany 1,085,150,000,000.00 2018
5 India 817,749,000,000.00 2018
6 Canada 512,608,000,000.00 2018
7 Russia 507,450,000,000.00 2018
8 United Kingdom 499,735,000,000.00 2018
9 Korea 487,779,000,000.00 2018
10 France 482,236,000,000.00 2018
11 Brazil 481,057,000,000.00 2018
12 Italy 458,226,000,000.00 2018
13 Indonesia 456,896,000,000.00 2018
14 Saudi Arabia 403,572,000,000.00 2018
15 Mexico 377,535,000,000.00 2018
16 Australia 337,274,000,000.00 2018
17 Turkey 332,034,000,000.00 2018
18 Spain 313,819,000,000.00 2018
19 Iran 228,824,000,000.00 2017
20 United Arab Emirates 194,953,000,000.00 2018
21 Poland 187,091,000,000.00 2018
22 Netherlands 184,026,000,000.00 2018
23 Switzerland 177,239,000,000.00 2018
24 Norway 158,322,000,000.00 2018
25 Thailand 157,629,000,000.00 2018
26 Malaysia 144,596,000,000.00 2018
27 Iraq 130,705,000,000.00 2018
28 Sweden 128,723,000,000.00 2018
29 Austria 120,475,000,000.00 2018
30 Ireland 119,224,000,000.00 2018
31 Colombia 110,097,000,000.00 2018
32 Philippines 109,865,000,000.00 2018
33 South Africa 108,042,000,000.00 2018
34 Belgium 106,645,000,000.00 2018
35 Nigeria 103,351,000,000.00 2018
36 Argentina 101,882,000,000.00 2018
37 Algeria 98,886,000,000.00 2018
38 Chile 92,317,390,000.00 2018
39 Kuwait 91,237,260,000.00 2018
40 Egypt 90,955,800,000.00 2018
41 Singapore 81,655,270,000.00 2018
42 Czech Republic 80,823,270,000.00 2018
43 Kazakhstan 75,192,740,000.00 2018
44 Denmark 75,096,970,000.00 2018
45 Venezuela 72,811,500,000.00 2018
46 Romania 71,400,400,000.00 2018
47 Peru 67,530,480,000.00 2018
48 Finland 67,014,090,000.00 2018
49 Vietnam 66,750,420,000.00 2018
50 Bangladesh 61,252,640,000.00 2018
51 Israel 56,763,670,000.00 2018
52 Angola 51,919,900,000.00 2017
53 Puerto Rico 50,077,300,000.00 2010
54 Pakistan 48,086,180,000.00 2018
55 Portugal 47,530,300,000.00 2018
56 Oman 44,257,480,000.00 2018
57 Hungary 39,724,860,000.00 2018
58 Slovak Republic 37,739,380,000.00 2018
59 Greece 34,686,340,000.00 2018
60 New Zealand 32,651,300,000.00 2017
61 Ecuador 29,625,530,000.00 2018
62 Morocco 29,145,920,000.00 2018
63 Azerbaijan 27,939,540,000.00 2018
64 Myanmar 27,253,640,000.00 2018
65 Ukraine 26,664,780,000.00 2018
66 Sudan 23,817,240,000.00 2018
67 Dominican Republic 23,359,460,000.00 2018
68 Belarus 22,716,230,000.00 2018
69 Sri Lanka 22,279,000,000.00 2018
70 Hong Kong SAR, China 21,016,820,000.00 2018
71 Uzbekistan 19,189,360,000.00 2018
72 Cuba 17,458,660,000.00 2018
73 Dem. Rep. Congo 17,108,150,000.00 2018
74 Slovenia 14,903,580,000.00 2018
75 Bulgaria 14,434,910,000.00 2018
76 Guatemala 14,396,550,000.00 2018
77 Bahrain 14,220,660,000.00 2018
78 Tanzania 13,964,120,000.00 2017
79 Lithuania 13,529,140,000.00 2018
80 Panama 13,430,250,000.00 2018
81 Turkmenistan 13,353,680,000.00 2010
82 Ghana 13,264,200,000.00 2018
83 Croatia 13,262,230,000.00 2018
84 Paraguay 13,150,110,000.00 2018
85 Serbia 12,578,280,000.00 2018
86 Tunisia 11,723,950,000.00 2018
87 Kenya 11,509,670,000.00 2018
88 Ethiopia 11,322,770,000.00 2018
89 Uruguay 10,512,630,000.00 2018
90 Cameroon 10,312,900,000.00 2018
91 Trinidad and Tobago 10,312,700,000.00 2018
92 Congo 10,048,440,000.00 2018
93 Costa Rica 9,758,384,000.00 2018
94 Papua New Guinea 9,190,641,000.00 2017
95 Zambia 9,184,507,000.00 2018
96 Jordan 9,147,741,000.00 2018
97 Côte d'Ivoire 8,704,659,000.00 2018
98 Brunei 8,485,672,000.00 2018
99 Gabon 8,360,371,000.00 2018
100 Bolivia 8,253,942,000.00 2018
101 Equatorial Guinea 8,163,472,000.00 2018
102 Luxembourg 7,848,167,000.00 2018
103 Estonia 7,348,555,000.00 2018
104 Latvia 6,296,709,000.00 2018
105 Yemen 6,222,810,000.00 2018
106 Cambodia 5,693,667,000.00 2018
107 Senegal 5,642,476,000.00 2018
108 Uganda 5,635,634,000.00 2018
109 El Salvador 5,588,185,000.00 2018
110 Lebanon 5,376,781,000.00 2018
111 Honduras 5,229,408,000.00 2018
112 Lao PDR 4,766,011,000.00 2018
113 Bosnia and Herzegovina 4,673,096,000.00 2018
114 Botswana 4,556,620,000.00 2018
115 Mongolia 4,556,477,000.00 2018
116 Afghanistan 4,454,844,000.00 2018
117 Haiti 4,412,009,000.00 2018
118 Namibia 3,878,449,000.00 2018
119 Iceland 3,867,758,000.00 2016
120 Guinea 3,703,347,000.00 2018
121 Zimbabwe 3,548,200,000.00 2018
122 Cyprus 3,514,015,000.00 2018
123 Albania 3,286,365,000.00 2018
124 Mozambique 3,167,489,000.00 2018
125 Nepal 3,140,974,000.00 2018
126 Georgia 3,132,408,000.00 2018
127 Burkina Faso 3,099,442,000.00 2018
128 Tajikistan 3,089,583,000.00 2018
129 Nicaragua 3,076,390,000.00 2018
130 Madagascar 3,072,944,000.00 2018
131 Mali 3,020,620,000.00 2018
132 North Macedonia 2,766,799,000.00 2018
133 Jamaica 2,593,911,000.00 2018
134 Mauritius 2,414,391,000.00 2018
135 Benin 2,394,528,000.00 2018
136 Kyrgyz Republic 2,094,027,000.00 2018
137 Timor-Leste 2,055,357,000.00 2017
138 Moldova 1,969,121,000.00 2018
139 Eswatini 1,944,753,000.00 2018
140 Mauritania 1,842,638,000.00 2018
141 Niger 1,795,175,000.00 2018
142 Rwanda 1,773,306,000.00 2018
143 Chad 1,750,451,000.00 2018
144 Suriname 1,587,456,000.00 2018
145 Malta 1,543,020,000.00 2010
146 The Bahamas 1,437,473,000.00 2018
147 Macao SAR, China 1,337,467,000.00 2018
148 Malawi 1,259,753,000.00 2017
149 Guyana 1,143,499,000.00 2018
150 Montenegro 1,017,891,000.00 2018
151 Bhutan 962,285,800.00 2017
152 Monaco 860,264,900.00 2014
153 Lesotho 845,917,100.00 2018
154 Fiji 700,462,500.00 2018
155 Greenland 651,748,700.00 2018
156 Barbados 586,389,200.00 2016
157 Togo 515,219,400.00 2018
158 Andorra 451,562,900.00 2010
159 Liberia 418,679,000.00 2018
160 Cabo Verde 392,729,900.00 2018
161 Central African Republic 348,785,600.00 2018
162 Cayman Islands 340,682,400.00 2017
163 Burundi 311,437,400.00 2018
164 Sierra Leone 300,614,100.00 2018
165 Antigua and Barbuda 283,481,300.00 2018
166 The Gambia 273,535,300.00 2018
167 Belize 215,196,700.00 2018
168 St. Kitts and Nevis 200,899,000.00 2018
169 St. Lucia 167,853,800.00 2018
170 Guinea-Bissau 159,839,900.00 2018
171 Grenada 152,988,300.00 2018
172 Seychelles 127,134,600.00 2017
173 Comoros 118,632,700.00 2018
174 St. Vincent and the Grenadines 118,397,900.00 2018
175 Samoa 108,108,600.00 2018
176 Tonga 73,648,380.00 2016
177 Dominica 65,008,220.00 2018
178 Vanuatu 61,309,840.00 2014
179 São Tomé and Principe 47,219,310.00 2018
180 Kiribati 27,430,540.00 2017
181 Palau 22,668,860.00 2018
182 Tuvalu 1,815,120.00 2015

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Development Relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions.

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

Base Period: 2010

Periodicity: Annual

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