India vs OECD members: Industry (including construction), value added
Industry (including construction), value added over time
- India
- OECD members
How they compare
OECD members currently reports 12.98 trillion current US$ against 997.12 billion current US$ in India, a difference of 11.98 trillion current US$.
That makes OECD members's figure about 13.0 times India's.
Across all 26 years both countries report, OECD members has been ahead every year.
India ranks 5th and OECD members ranks 7th of 206 countries.
OECD members has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 117.49 billion current US$ | 6.89 trillion current US$ | 6.77 trillion current US$ | OECD members |
| 2000s | 247.32 billion current US$ | 8.81 trillion current US$ | 8.56 trillion current US$ | OECD members |
| 2010s | 599.33 billion current US$ | 11.25 trillion current US$ | 10.65 trillion current US$ | OECD members |
| 2020s | 780.79 billion current US$ | 12.45 trillion current US$ | 11.67 trillion current US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, India or OECD members?
- OECD members, at 12.98 trillion current US$ against 997.12 billion current US$ in India as of 2022.
- What is the difference in industry (including construction), value added between India and OECD members?
- 11.98 trillion current US$, with OECD members ahead.
- How many years of comparable data are there for India and OECD members?
- 26 years are reported by both, from 1997 to 2022.
- How do India and OECD members rank globally for industry (including construction), value added?
- India ranks 5th and OECD members ranks 7th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.