Upper middle income - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Upper middle income was 26,310 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 26,310 in 2019 and 7,552 in 1992.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 7,777
1992 7,552
1993 7,634
1994 7,857
1995 8,108
1996 8,409
1997 8,955
1998 9,346
1999 9,761
2000 10,465
2001 10,862
2002 11,650
2003 12,382
2004 13,039
2005 13,405
2006 13,974
2007 14,561
2008 15,275
2009 15,646
2010 16,732
2011 17,705
2012 18,229
2013 19,313
2014 20,236
2015 21,250
2016 22,574
2017 23,943
2018 24,768
2019 26,310

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Upper middle income was $7,853,300,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $8,290,190,000,000 in 2018 and $66,845,710,000 in 1962.

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:

Year Value
1960 $92,391,010,000
1961 $67,360,000,000
1962 $66,845,710,000
1963 $78,353,580,000
1964 $88,795,660,000
1965 $99,824,760,000
1966 $113,099,000,000
1967 $106,746,000,000
1968 $109,446,000,000
1969 $129,756,000,000
1970 $148,723,000,000
1971 $166,424,000,000
1972 $190,182,000,000
1973 $246,869,000,000
1974 $311,892,000,000
1975 $351,003,000,000
1976 $372,385,000,000
1977 $418,887,000,000
1978 $439,950,000,000
1979 $549,922,000,000
1980 $643,315,000,000
1981 $655,914,000,000
1982 $642,443,000,000
1983 $616,580,000,000
1984 $634,796,000,000
1985 $667,670,000,000
1986 $688,364,000,000
1987 $737,062,000,000
1988 $818,408,000,000
1989 $867,336,000,000
1990 $1,012,790,000,000
1991 $896,468,000,000
1992 $915,134,000,000
1993 $1,023,220,000,000
1994 $1,137,250,000,000
1995 $1,184,460,000,000
1996 $1,297,960,000,000
1997 $1,400,690,000,000
1998 $1,360,010,000,000
1999 $1,319,490,000,000
2000 $1,483,090,000,000
2001 $1,482,850,000,000
2002 $1,511,760,000,000
2003 $1,698,210,000,000
2004 $2,072,740,000,000
2005 $2,518,330,000,000
2006 $3,029,930,000,000
2007 $3,734,600,000,000
2008 $4,639,700,000,000
2009 $4,374,350,000,000
2010 $5,378,570,000,000
2011 $6,582,730,000,000
2012 $6,988,900,000,000
2013 $7,383,810,000,000
2014 $7,557,940,000,000
2015 $6,958,300,000,000
2016 $6,767,080,000,000
2017 $7,546,900,000,000
2018 $8,290,190,000,000
2019 $8,249,180,000,000
2020 $7,853,300,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Upper middle income was 8,202,290,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 8,202,290,000,000 in 2020 and 374,494,000,000 in 1961.

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:

Year Value
1960 436,722,000,000
1961 374,494,000,000
1962 378,203,000,000
1963 409,506,000,000
1964 466,098,000,000
1965 519,125,000,000
1966 556,799,000,000
1967 570,239,000,000
1968 598,687,000,000
1969 660,055,000,000
1970 711,871,000,000
1971 758,662,000,000
1972 817,214,000,000
1973 894,264,000,000
1974 941,880,000,000
1975 985,557,000,000
1976 1,043,420,000,000
1977 1,090,460,000,000
1978 1,156,660,000,000
1979 1,245,790,000,000
1980 1,326,100,000,000
1981 1,319,160,000,000
1982 1,321,670,000,000
1983 1,301,280,000,000
1984 1,388,340,000,000
1985 1,472,790,000,000
1986 1,553,270,000,000
1987 1,632,630,000,000
1988 1,690,310,000,000
1989 1,734,020,000,000
1990 1,776,740,000,000
1991 1,770,370,000,000
1992 1,747,970,000,000
1993 1,809,200,000,000
1994 1,876,990,000,000
1995 1,941,940,000,000
1996 2,064,360,000,000
1997 2,219,360,000,000
1998 2,309,930,000,000
1999 2,399,240,000,000
2000 2,571,290,000,000
2001 2,662,020,000,000
2002 2,801,150,000,000
2003 3,017,210,000,000
2004 3,309,660,000,000
2005 3,576,310,000,000
2006 3,919,460,000,000
2007 4,317,360,000,000
2008 4,600,230,000,000
2009 4,735,540,000,000
2010 5,213,840,000,000
2011 5,663,170,000,000
2012 6,001,850,000,000
2013 6,363,170,000,000
2014 6,683,710,000,000
2015 6,958,300,000,000
2016 7,263,960,000,000
2017 7,596,290,000,000
2018 7,925,540,000,000
2019 8,195,840,000,000
2020 8,202,290,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Upper middle income was 0.08 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 13.82 in 1964 and a minimum value of -14.25 in 1961.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -14.25
1962 0.99
1963 8.28
1964 13.82
1965 11.38
1966 7.26
1967 2.41
1968 4.99
1969 10.25
1970 7.85
1971 6.57
1972 7.72
1973 9.43
1974 5.32
1975 4.64
1976 5.87
1977 4.51
1978 6.07
1979 7.71
1980 6.45
1981 -0.52
1982 0.19
1983 -1.54
1984 6.69
1985 6.08
1986 5.46
1987 5.11
1988 3.53
1989 2.59
1990 2.46
1991 -0.36
1992 -1.27
1993 3.50
1994 3.75
1995 3.46
1996 6.30
1997 7.51
1998 4.08
1999 3.87
2000 7.17
2001 3.53
2002 5.23
2003 7.71
2004 9.69
2005 8.06
2006 9.60
2007 10.15
2008 6.55
2009 2.94
2010 10.10
2011 8.62
2012 5.98
2013 6.02
2014 5.04
2015 4.11
2016 4.39
2017 4.57
2018 4.33
2019 3.41
2020 0.08

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Upper middle income was 33.92 as of 2020. Its highest value over the past 60 years was 39.33 in 1989, while its lowest value was 29.69 in 1962.

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 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 37.83
1961 30.67
1962 29.69
1963 33.18
1964 32.76
1965 32.96
1966 33.80
1967 31.72
1968 31.17
1969 32.97
1970 34.53
1971 35.52
1972 35.66
1973 35.60
1974 36.28
1975 37.06
1976 37.28
1977 37.92
1978 37.14
1979 38.23
1980 38.49
1981 36.31
1982 37.23
1983 37.65
1984 37.59
1985 37.44
1986 37.98
1987 38.10
1988 38.26
1989 39.33
1990 38.92
1991 35.64
1992 34.84
1993 35.53
1994 35.62
1995 32.94
1996 33.20
1997 33.47
1998 32.90
1999 33.79
2000 34.39
2001 34.19
2002 34.56
2003 34.64
2004 35.27
2005 35.64
2006 36.10
2007 35.83
2008 36.49
2009 35.78
2010 36.24
2011 36.80
2012 36.48
2013 35.88
2014 35.62
2015 34.93
2016 34.14
2017 34.40
2018 35.07
2019 34.32
2020 33.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts