Industry (including construction), value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Industry (including construction), value added was 3.6% in 2024. ◆ Volatile
Industry (including construction), value added in Europe & Central Asia (excluding high income), 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Europe & Central Asia (excluding high income) stood at 3.6%.
That represents a change of down 15.2% on the previous year and up 24.1% over ten years.
Over the whole period, industry (including construction), value added in Europe & Central Asia (excluding high income) peaked at 12.7% in 2006 and was at its lowest, -17.0%, in 1994.
That places Europe & Central Asia (excluding high income) 28th out of 45 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Europe & Central Asia (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -3.4% | — |
| 1992 | -11.1% | +223.7% |
| 1993 | -7.8% | -29.2% |
| 1994 | -17.0% | +117.2% |
| 1995 | -1.3% | -92.6% |
| 1996 | 2.7% | -316.3% |
| 1997 | 6.7% | +145.5% |
| 1998 | 1.8% | -73.2% |
| 1999 | -2.0% | -209.5% |
| 2000 | 8.2% | -516.6% |
| 2001 | -1.8% | -121.3% |
| 2002 | 7.6% | -530.3% |
| 2003 | 9.9% | +30.5% |
| 2004 | 12.2% | +23.7% |
| 2005 | 9.5% | -21.9% |
| 2006 | 12.7% | +33.4% |
| 2007 | 8.9% | -29.6% |
| 2008 | 1.1% | -87.4% |
| 2009 | -7.2% | -736.2% |
| 2010 | 9.5% | -232.6% |
| 2011 | 11.6% | +21.7% |
| 2012 | 3.2% | -71.9% |
| 2013 | 6.9% | +112.9% |
| 2014 | 2.9% | -58.1% |
| 2015 | 2.2% | -23.5% |
| 2016 | 3.3% | +50.8% |
| 2017 | 6.9% | +107.3% |
| 2018 | 8.2% | +17.8% |
| 2019 | 1.1% | -87.1% |
| 2020 | 0.9% | -14.1% |
| 2021 | 10.3% | +1029.6% |
| 2022 | -0.3% | -102.5% |
| 2023 | 4.2% | -1758.5% |
| 2024 | 3.6% | -15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.5% | -17.0% | 6.7% | 9 |
| 2000s | 6.1% | -7.2% | 12.7% | 10 |
| 2010s | 5.6% | 1.1% | 11.6% | 10 |
| 2020s | 3.8% | -0.3% | 10.3% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 25 Turks and Caicos Islands 9.0% compare
- 26 Kazakhstan 9.0% compare
- 27 Viet Nam 8.9% compare
- 28 India 8.8% compare
- 29 Cambodia 8.7% compare
- 30 Niger 8.5% compare
- 31 Uzbekistan 8.4% compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), annual -54.25 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is industry (including construction), value added in Europe & Central Asia (excluding high income)?
- Industry (including construction), value added in Europe & Central Asia (excluding high income) was 3.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 12.7% in 2006.
- What is the lowest industry (including construction), value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was -17.0% in 1994.
- How does Europe & Central Asia (excluding high income) rank for industry (including construction), value added?
- Europe & Central Asia (excluding high income) ranks 28th out of 45 groups with data for 2024.
- Is industry (including construction), value added rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding 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 (annual % growth). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.