Spain - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Spain was 228,545,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 291,703,000,000 in 2008 and a minimum value of 130,505,000,000 in 1995.

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
1995 130,505,000,000
1996 137,364,000,000
1997 145,731,000,000
1998 154,830,000,000
1999 166,177,000,000
2000 181,199,000,000
2001 195,965,000,000
2002 207,969,000,000
2003 219,991,000,000
2004 231,996,000,000
2005 251,953,000,000
2006 270,355,000,000
2007 282,906,000,000
2008 291,703,000,000
2009 266,258,000,000
2010 248,437,000,000
2011 234,891,000,000
2012 216,888,000,000
2013 206,922,000,000
2014 207,264,000,000
2015 216,455,000,000
2016 222,863,000,000
2017 233,071,000,000
2018 239,194,000,000
2019 250,711,000,000
2020 228,545,000,000

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