Industry (including construction), value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Industry (including construction), value added was 633.42 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Europe & Central Asia (excluding high income), 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Europe & Central Asia (excluding high income) is 633.42 billion constant 2015 US$, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 3.6% on the previous year and up 48.0% over ten years.
Over the whole period, industry (including construction), value added in Europe & Central Asia (excluding high income) peaked at 633.42 billion constant 2015 US$ in 2024 and was at its lowest, 158.41 billion constant 2015 US$, in 1995.
Europe & Central Asia (excluding high income) ranks 29th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Industry (including construction), value added in Europe & Central Asia (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 244.20 billion constant 2015 US$ | — |
| 1991 | 235.85 billion constant 2015 US$ | -3.4% |
| 1992 | 209.75 billion constant 2015 US$ | -11.1% |
| 1993 | 193.32 billion constant 2015 US$ | -7.8% |
| 1994 | 160.44 billion constant 2015 US$ | -17.0% |
| 1995 | 158.41 billion constant 2015 US$ | -1.3% |
| 1996 | 162.75 billion constant 2015 US$ | +2.7% |
| 1997 | 173.70 billion constant 2015 US$ | +6.7% |
| 1998 | 176.83 billion constant 2015 US$ | +1.8% |
| 1999 | 173.33 billion constant 2015 US$ | -2.0% |
| 2000 | 187.62 billion constant 2015 US$ | +8.2% |
| 2001 | 184.32 billion constant 2015 US$ | -1.8% |
| 2002 | 198.25 billion constant 2015 US$ | +7.6% |
| 2003 | 217.80 billion constant 2015 US$ | +9.9% |
| 2004 | 244.36 billion constant 2015 US$ | +12.2% |
| 2005 | 267.62 billion constant 2015 US$ | +9.5% |
| 2006 | 301.60 billion constant 2015 US$ | +12.7% |
| 2007 | 328.56 billion constant 2015 US$ | +8.9% |
| 2008 | 332.25 billion constant 2015 US$ | +1.1% |
| 2009 | 308.47 billion constant 2015 US$ | -7.2% |
| 2010 | 337.76 billion constant 2015 US$ | +9.5% |
| 2011 | 376.78 billion constant 2015 US$ | +11.6% |
| 2012 | 389.01 billion constant 2015 US$ | +3.2% |
| 2013 | 415.90 billion constant 2015 US$ | +6.9% |
| 2014 | 427.95 billion constant 2015 US$ | +2.9% |
| 2015 | 437.45 billion constant 2015 US$ | +2.2% |
| 2016 | 452.09 billion constant 2015 US$ | +3.3% |
| 2017 | 483.44 billion constant 2015 US$ | +6.9% |
| 2018 | 522.94 billion constant 2015 US$ | +8.2% |
| 2019 | 528.47 billion constant 2015 US$ | +1.1% |
| 2020 | 533.28 billion constant 2015 US$ | +0.9% |
| 2021 | 588.05 billion constant 2015 US$ | +10.3% |
| 2022 | 586.54 billion constant 2015 US$ | -0.3% |
| 2023 | 611.43 billion constant 2015 US$ | +4.2% |
| 2024 | 633.42 billion constant 2015 US$ | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 188.86 billion constant 2015 US$ | 158.41 billion constant 2015 US$ | 244.20 billion constant 2015 US$ | 10 |
| 2000s | 257.08 billion constant 2015 US$ | 184.32 billion constant 2015 US$ | 332.25 billion constant 2015 US$ | 10 |
| 2010s | 437.18 billion constant 2015 US$ | 337.76 billion constant 2015 US$ | 528.47 billion constant 2015 US$ | 10 |
| 2020s | 590.54 billion constant 2015 US$ | 533.28 billion constant 2015 US$ | 633.42 billion constant 2015 US$ | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 26 Thailand 154.20 billion constant 2015 US$ compare
- 27 Egypt 152.18 billion constant 2015 US$ compare
- 28 Philippines 136.87 billion constant 2015 US$ compare
- 29 Norway 136.41 billion constant 2015 US$ compare
- 30 Argentina 128.86 billion constant 2015 US$ compare
- 31 Sweden 122.69 billion constant 2015 US$ compare
- 32 Bangladesh 113.14 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Manufacturing, value added 457.79 billion constant 2015 US$ (2024)
- Imports of goods and services 32.8% (2025)
- External balance on goods and services -3.8% (2025)
- Trade 61.2% (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,921 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added 152.20 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added -2.8% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,082 constant 2015 US$ per person (2025)
- Industry (including construction), value added 25.6% (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 633.42 billion constant 2015 US$ 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 633.42 billion constant 2015 US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 158.41 billion constant 2015 US$ in 1995.
- How does Europe & Central Asia (excluding high income) rank for industry (including construction), value added?
- Europe & Central Asia (excluding high income) ranks 29th 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 48.0%. The long-run trend across the full record is rising.
- 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 (constant 2015 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 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.