Industry (including construction), value added in High income

High income: Industry (including construction), value added was 12.75 trillion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
12.75 trillion constant 2015 US$
Change on year
down 0.3%
All-time high
12.88 trillion constant 2015 US$
in 2022
All-time low
8.76 trillion constant 2015 US$
in 1997
Years of data
28
1997–2024

Industry (including construction), value added in High income, 1997–2024

05.0T10.0T15.0T1997201020241997: 8.8T constant 2015 US$1998: 8.8T constant 2015 US$1999: 9.0T constant 2015 US$2000: 9.4T constant 2015 US$2001: 9.5T constant 2015 US$2002: 9.5T constant 2015 US$2003: 9.7T constant 2015 US$2004: 10.0T constant 2015 US$2005: 10.3T constant 2015 US$2006: 10.7T constant 2015 US$2007: 11.0T constant 2015 US$2008: 11.0T constant 2015 US$2009: 10.0T constant 2015 US$2010: 10.6T constant 2015 US$2011: 10.9T constant 2015 US$2012: 10.9T constant 2015 US$2013: 11.0T constant 2015 US$2014: 11.2T constant 2015 US$2015: 11.5T constant 2015 US$2016: 11.7T constant 2015 US$2017: 12.0T constant 2015 US$2018: 12.3T constant 2015 US$2019: 12.4T constant 2015 US$2020: 11.8T constant 2015 US$2021: 12.6T constant 2015 US$2022: 12.9T constant 2015 US$2023: 12.8T constant 2015 US$2024: 12.8T constant 2015 US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

High income recorded 12.75 trillion constant 2015 US$ for industry (including construction), value added in 2024.

Compared with earlier readings it is down 0.3% on the previous year and up 13.5% over ten years.

Over the whole period, industry (including construction), value added in High income peaked at 12.88 trillion constant 2015 US$ in 2022 and was at its lowest, 8.76 trillion constant 2015 US$, in 1997.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.84 trillion constant 2015 US$ 8.76 trillion constant 2015 US$ 8.97 trillion constant 2015 US$ 3
2000s 10.10 trillion constant 2015 US$ 9.41 trillion constant 2015 US$ 10.98 trillion constant 2015 US$ 10
2010s 11.45 trillion constant 2015 US$ 10.64 trillion constant 2015 US$ 12.37 trillion constant 2015 US$ 10
2020s 12.57 trillion constant 2015 US$ 11.83 trillion constant 2015 US$ 12.88 trillion constant 2015 US$ 5

More economy & growth data for High income

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Frequently asked questions

What is industry (including construction), value added in High income?
Industry (including construction), value added in High income was 12.75 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in High income?
The highest recorded value was 12.88 trillion constant 2015 US$ in 2022.
What is the lowest industry (including construction), value added recorded in High income?
The lowest recorded value was 8.76 trillion constant 2015 US$ in 1997.
Is industry (including construction), value added rising or falling in High income?
Over the last ten years it is up 13.5%. The long-run trend across the full record is rising.
Where does this High income data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 10,399 data points, 1960–2025
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.