Industry (including construction), value added (constant 2015 US$) in OECD members
OECD members: Industry (including construction), value added (constant 2015 US$) was 0.1705 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in OECD members, 1997–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
OECD members recorded 0.1705 constant 2015 US$ per US$ of GDP for industry (including construction), value added (constant 2015 us$) in 2024. That is the lowest value across all 28 years on record.
That represents a change of down 4.9% on the previous year and down 16.6% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in OECD members peaked at 0.3303 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.1705 constant 2015 US$ per US$ of GDP, in 2024.
That places OECD members 39th out of 45 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Industry (including construction), value added (constant 2015 US$) in OECD members, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.3294 constant 2015 US$ per US$ of GDP | — |
| 1998 | 0.33 constant 2015 US$ per US$ of GDP | +0.2% |
| 1999 | 0.3201 constant 2015 US$ per US$ of GDP | -3.0% |
| 2000 | 0.3263 constant 2015 US$ per US$ of GDP | +2.0% |
| 2001 | 0.3303 constant 2015 US$ per US$ of GDP | +1.2% |
| 2002 | 0.3175 constant 2015 US$ per US$ of GDP | -3.9% |
| 2003 | 0.2871 constant 2015 US$ per US$ of GDP | -9.6% |
| 2004 | 0.2659 constant 2015 US$ per US$ of GDP | -7.4% |
| 2005 | 0.2566 constant 2015 US$ per US$ of GDP | -3.5% |
| 2006 | 0.2525 constant 2015 US$ per US$ of GDP | -1.6% |
| 2007 | 0.2371 constant 2015 US$ per US$ of GDP | -6.1% |
| 2008 | 0.2215 constant 2015 US$ per US$ of GDP | -6.6% |
| 2009 | 0.2145 constant 2015 US$ per US$ of GDP | -3.2% |
| 2010 | 0.2173 constant 2015 US$ per US$ of GDP | +1.3% |
| 2011 | 0.205 constant 2015 US$ per US$ of GDP | -5.7% |
| 2012 | 0.2052 constant 2015 US$ per US$ of GDP | +0.1% |
| 2013 | 0.2036 constant 2015 US$ per US$ of GDP | -0.8% |
| 2014 | 0.2045 constant 2015 US$ per US$ of GDP | +0.4% |
| 2015 | 0.2223 constant 2015 US$ per US$ of GDP | +8.7% |
| 2016 | 0.2211 constant 2015 US$ per US$ of GDP | -0.5% |
| 2017 | 0.2186 constant 2015 US$ per US$ of GDP | -1.1% |
| 2018 | 0.2111 constant 2015 US$ per US$ of GDP | -3.4% |
| 2019 | 0.2091 constant 2015 US$ per US$ of GDP | -0.9% |
| 2020 | 0.2033 constant 2015 US$ per US$ of GDP | -2.8% |
| 2021 | 0.1938 constant 2015 US$ per US$ of GDP | -4.7% |
| 2022 | 0.1919 constant 2015 US$ per US$ of GDP | -1.0% |
| 2023 | 0.1793 constant 2015 US$ per US$ of GDP | -6.6% |
| 2024 | 0.1705 constant 2015 US$ per US$ of GDP | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3265 constant 2015 US$ per US$ of GDP | 0.3201 constant 2015 US$ per US$ of GDP | 0.33 constant 2015 US$ per US$ of GDP | 3 |
| 2000s | 0.2709 constant 2015 US$ per US$ of GDP | 0.2145 constant 2015 US$ per US$ of GDP | 0.3303 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2118 constant 2015 US$ per US$ of GDP | 0.2036 constant 2015 US$ per US$ of GDP | 0.2223 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1878 constant 2015 US$ per US$ of GDP | 0.1705 constant 2015 US$ per US$ of GDP | 0.2033 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near OECD members
- 36 Nigeria 0.2863 constant 2015 US$ per US$ of GDP compare
- 37 Trinidad and Tobago 0.2811 constant 2015 US$ per US$ of GDP compare
- 38 Philippines 0.281 constant 2015 US$ per US$ of GDP compare
- 39 Equatorial Guinea 0.2792 constant 2015 US$ per US$ of GDP compare
- 40 Papua New Guinea 0.2738 constant 2015 US$ per US$ of GDP compare
- 41 Bhutan 0.2731 constant 2015 US$ per US$ of GDP compare
- 42 Algeria 0.2684 constant 2015 US$ per US$ of GDP compare
More economy & growth data for OECD members
- Services, value added 41.66 trillion current US$ (2021)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Manufacturing, value added 7.62 trillion constant 2015 US$ (2024)
- Manufacturing, value added 12.4% (2022)
- Trade in services 14.9% (2025)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 21.2% (2022)
- GDP 57.86 trillion constant 2015 US$ (2025)
- GDP 72.54 trillion current US$ (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in OECD members?
- Industry (including construction), value added (constant 2015 us$) in OECD members was 0.1705 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in OECD members?
- The highest recorded value was 0.3303 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in OECD members?
- The lowest recorded value was 0.1705 constant 2015 US$ per US$ of GDP in 2024.
- How does OECD members rank for industry (including construction), value added (constant 2015 us$)?
- OECD members ranks 39th out of 45 groups with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in OECD members?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- Where does this OECD members data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.