Italy - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Italy was 357,569,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 386,520,000,000 in 2008 and a minimum value of 205,115,000,000 in 1990.

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
1990 205,115,000,000
1991 216,834,000,000
1992 224,252,000,000
1993 228,303,000,000
1994 241,444,000,000
1995 260,512,000,000
1996 271,107,000,000
1997 278,823,000,000
1998 287,726,000,000
1999 290,048,000,000
2000 301,803,000,000
2001 314,568,000,000
2002 324,461,000,000
2003 327,465,000,000
2004 340,118,000,000
2005 347,593,000,000
2006 363,344,000,000
2007 383,879,000,000
2008 386,520,000,000
2009 345,179,000,000
2010 352,319,000,000
2011 358,600,000,000
2012 346,721,000,000
2013 341,459,000,000
2014 338,475,000,000
2015 345,247,000,000
2016 359,811,000,000
2017 369,901,000,000
2018 379,966,000,000
2019 386,255,000,000
2020 357,569,000,000

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