Italy - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Italy was 335,312,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 440,870,000,000 in 2007 and a minimum value of 335,312,000,000 in 2020.

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
1990 373,659,000,000
1991 376,116,000,000
1992 375,060,000,000
1993 362,667,000,000
1994 376,031,000,000
1995 390,700,000,000
1996 391,914,000,000
1997 391,078,000,000
1998 394,192,000,000
1999 396,421,000,000
2000 407,467,000,000
2001 409,716,000,000
2002 413,409,000,000
2003 409,752,000,000
2004 418,443,000,000
2005 421,738,000,000
2006 433,402,000,000
2007 440,870,000,000
2008 429,704,000,000
2009 366,833,000,000
2010 380,202,000,000
2011 380,427,000,000
2012 361,929,000,000
2013 350,884,000,000
2014 343,527,000,000
2015 345,247,000,000
2016 354,549,000,000
2017 364,928,000,000
2018 371,784,000,000
2019 372,863,000,000
2020 335,312,000,000

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