OECD members vs Russian Federation: Industry (including construction), value added
Industry (including construction), value added over time
- OECD members
- Russian Federation
How they compare
OECD members currently reports 11.64 trillion constant 2015 US$ against 494.36 billion constant 2015 US$ in Russian Federation, a difference of 11.14 trillion constant 2015 US$.
That makes OECD members's figure about 23.5 times Russian Federation's.
Across all 28 years both countries report, OECD members has been ahead every year.
OECD members ranks 7th and Russian Federation ranks 7th of 43 groups.
OECD members has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | OECD members | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.56 trillion constant 2015 US$ | 216.98 billion constant 2015 US$ | 8.34 trillion constant 2015 US$ | OECD members |
| 2000s | 9.57 trillion constant 2015 US$ | 326.13 billion constant 2015 US$ | 9.24 trillion constant 2015 US$ | OECD members |
| 2010s | 10.58 trillion constant 2015 US$ | 410.24 billion constant 2015 US$ | 10.17 trillion constant 2015 US$ | OECD members |
| 2020s | 11.51 trillion constant 2015 US$ | 456.72 billion constant 2015 US$ | 11.05 trillion constant 2015 US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, OECD members or Russian Federation?
- OECD members, at 11.64 trillion constant 2015 US$ against 494.36 billion constant 2015 US$ in Russian Federation as of 2024.
- What is the difference in industry (including construction), value added between OECD members and Russian Federation?
- 11.14 trillion constant 2015 US$, with OECD members ahead.
- How many years of comparable data are there for OECD members and Russian Federation?
- 28 years are reported by both, from 1997 to 2024.
- How do OECD members and Russian Federation rank globally for industry (including construction), value added?
- OECD members ranks 7th and Russian Federation ranks 7th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 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.