Industry (including construction), value added in North America
North America: Industry (including construction), value added was 4.69 trillion current US$ in 2021. ▲ Rising
Industry (including construction), value added in North America, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for industry (including construction), value added in North America is 4.69 trillion current US$, measured in 2021. That is the highest value across all 25 years on record.
The figure is up 15.3% on the previous year and up 33.2% over ten years.
Over the whole period, industry (including construction), value added in North America peaked at 4.69 trillion current US$ in 2021 and was at its lowest, 2.17 trillion current US$, in 1997.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.25 trillion current US$ | 2.17 trillion current US$ | 2.36 trillion current US$ | 3 |
| 2000s | 2.96 trillion current US$ | 2.47 trillion current US$ | 3.53 trillion current US$ | 10 |
| 2010s | 3.82 trillion current US$ | 3.34 trillion current US$ | 4.33 trillion current US$ | 10 |
| 2020s | 4.38 trillion current US$ | 4.06 trillion current US$ | 4.69 trillion current US$ | 2 |
More economy & growth data for North America
- Households and NPISHs Final consumption expenditure 21.16 trillion current US$ (2024)
- Final consumption expenditure 25.64 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 67.0% (2024)
- Imports of goods and services 4.34 trillion constant 2015 US$ (2024)
- Imports of goods and services 5.0% (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.7% (2024)
- Households and NPISHs Final consumption expenditure per capita 43,939 constant 2015 US$ (2024)
- Households and NPISHs Final consumption expenditure 2.9% (2024)
- Households and NPISHs Final consumption expenditure 16.76 trillion constant 2015 US$ (2024)
- Trade 28.5% (2024)
Frequently asked questions
- What is industry (including construction), value added in North America?
- Industry (including construction), value added in North America was 4.69 trillion current US$ in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in North America?
- The highest recorded value was 4.69 trillion current US$ in 2021.
- What is the lowest industry (including construction), value added recorded in North America?
- The lowest recorded value was 2.17 trillion current US$ in 1997.
- Is industry (including construction), value added rising or falling in North America?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is rising.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.