Italy vs United Kingdom: Industry (including construction), value added
Industry (including construction), value added over time
- Italy
- United Kingdom
How they compare
Italy currently reports 511.23 billion current LCU against 501.24 billion current LCU in United Kingdom, a difference of 9.98 billion current LCU.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Italy ahead.
Globally, Italy ranks 86th and United Kingdom ranks 87th of 208 countries.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.