Industry (including construction), value added in High income
High income: Industry (including construction), value added was 12.75 trillion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in High income, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
High income recorded 12.75 trillion constant 2015 US$ for industry (including construction), value added in 2024.
Compared with earlier readings it is down 0.3% on the previous year and up 13.5% over ten years.
Over the whole period, industry (including construction), value added in High income peaked at 12.88 trillion constant 2015 US$ in 2022 and was at its lowest, 8.76 trillion constant 2015 US$, in 1997.
That places High income 6th out of 45 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Industry (including construction), value added in High income, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1997 | 8.76 trillion constant 2015 US$ | — |
| 1998 | 8.78 trillion constant 2015 US$ | +0.3% |
| 1999 | 8.97 trillion constant 2015 US$ | +2.2% |
| 2000 | 9.41 trillion constant 2015 US$ | +4.8% |
| 2001 | 9.47 trillion constant 2015 US$ | +0.6% |
| 2002 | 9.51 trillion constant 2015 US$ | +0.4% |
| 2003 | 9.68 trillion constant 2015 US$ | +1.9% |
| 2004 | 10.04 trillion constant 2015 US$ | +3.6% |
| 2005 | 10.27 trillion constant 2015 US$ | +2.3% |
| 2006 | 10.67 trillion constant 2015 US$ | +3.9% |
| 2007 | 10.98 trillion constant 2015 US$ | +3.0% |
| 2008 | 10.98 trillion constant 2015 US$ | -0.0% |
| 2009 | 9.99 trillion constant 2015 US$ | -9.0% |
| 2010 | 10.64 trillion constant 2015 US$ | +6.5% |
| 2011 | 10.87 trillion constant 2015 US$ | +2.1% |
| 2012 | 10.90 trillion constant 2015 US$ | +0.3% |
| 2013 | 10.95 trillion constant 2015 US$ | +0.5% |
| 2014 | 11.23 trillion constant 2015 US$ | +2.6% |
| 2015 | 11.52 trillion constant 2015 US$ | +2.5% |
| 2016 | 11.71 trillion constant 2015 US$ | +1.6% |
| 2017 | 12.03 trillion constant 2015 US$ | +2.8% |
| 2018 | 12.33 trillion constant 2015 US$ | +2.4% |
| 2019 | 12.37 trillion constant 2015 US$ | +0.3% |
| 2020 | 11.83 trillion constant 2015 US$ | -4.4% |
| 2021 | 12.58 trillion constant 2015 US$ | +6.4% |
| 2022 | 12.88 trillion constant 2015 US$ | +2.3% |
| 2023 | 12.80 trillion constant 2015 US$ | -0.6% |
| 2024 | 12.75 trillion constant 2015 US$ | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.84 trillion constant 2015 US$ | 8.76 trillion constant 2015 US$ | 8.97 trillion constant 2015 US$ | 3 |
| 2000s | 10.10 trillion constant 2015 US$ | 9.41 trillion constant 2015 US$ | 10.98 trillion constant 2015 US$ | 10 |
| 2010s | 11.45 trillion constant 2015 US$ | 10.64 trillion constant 2015 US$ | 12.37 trillion constant 2015 US$ | 10 |
| 2020s | 12.57 trillion constant 2015 US$ | 11.83 trillion constant 2015 US$ | 12.88 trillion constant 2015 US$ | 5 |
Countries ranked near High income
- 3 India 1.02 trillion constant 2015 US$ compare
- 4 Germany 845.87 billion constant 2015 US$ compare
- 5 South Korea 660.05 billion constant 2015 US$ compare
- 6 United Kingdom 546.05 billion constant 2015 US$ compare
- 7 Russia 494.36 billion constant 2015 US$ compare
- 8 Indonesia 483.65 billion constant 2015 US$ compare
- 9 Italy 443.01 billion constant 2015 US$ compare
More economy & growth data for High income
- Foreign direct investment, net inflows (BoP, current US$), annual -12.57 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 8,900 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1748 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 5.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 679.7 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0126 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 855.36 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.22 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0158 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.76 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in High income?
- Industry (including construction), value added in High income was 12.75 trillion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in High income?
- The highest recorded value was 12.88 trillion constant 2015 US$ in 2022.
- What is the lowest industry (including construction), value added recorded in High income?
- The lowest recorded value was 8.76 trillion constant 2015 US$ in 1997.
- How does High income rank for industry (including construction), value added?
- High income ranks 6th out of 45 groups with data for 2024.
- Is industry (including construction), value added rising or falling in High income?
- Over the last ten years it is up 13.5%. The long-run trend across the full record is rising.
- Where does this 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.