Industry (including construction), value added (current US$) in OECD members
OECD members: Industry (including construction), value added (current US$) was 12.98 trillion current US$ in 2022. ▲ Rising
Industry (including construction), value added in OECD members, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2022, industry (including construction), value added in OECD members stood at 12.98 trillion current US$. That is the highest value across all 26 years on record.
The figure is up 0.2% on the previous year and up 15.4% over ten years.
Over the whole period, industry (including construction), value added in OECD members peaked at 12.98 trillion current US$ in 2022 and was at its lowest, 6.75 trillion current US$, in 1998.
That places OECD members 7th out of 47 groups with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Industry (including construction), value added (current US$) in OECD members, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 6.90 trillion current US$ | — |
| 1998 | 6.75 trillion current US$ | -2.2% |
| 1999 | 7.03 trillion current US$ | +4.2% |
| 2000 | 7.22 trillion current US$ | +2.8% |
| 2001 | 6.88 trillion current US$ | -4.7% |
| 2002 | 6.96 trillion current US$ | +1.2% |
| 2003 | 7.74 trillion current US$ | +11.2% |
| 2004 | 8.66 trillion current US$ | +11.9% |
| 2005 | 9.18 trillion current US$ | +6.0% |
| 2006 | 9.78 trillion current US$ | +6.6% |
| 2007 | 10.66 trillion current US$ | +9.0% |
| 2008 | 11.21 trillion current US$ | +5.1% |
| 2009 | 9.80 trillion current US$ | -12.5% |
| 2010 | 10.51 trillion current US$ | +7.2% |
| 2011 | 11.35 trillion current US$ | +8.0% |
| 2012 | 11.25 trillion current US$ | -0.9% |
| 2013 | 11.28 trillion current US$ | +0.2% |
| 2014 | 11.51 trillion current US$ | +2.1% |
| 2015 | 10.64 trillion current US$ | -7.6% |
| 2016 | 10.69 trillion current US$ | +0.5% |
| 2017 | 11.30 trillion current US$ | +5.7% |
| 2018 | 12.02 trillion current US$ | +6.3% |
| 2019 | 11.95 trillion current US$ | -0.5% |
| 2020 | 11.41 trillion current US$ | -4.6% |
| 2021 | 12.96 trillion current US$ | +13.6% |
| 2022 | 12.98 trillion current US$ | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.89 trillion current US$ | 6.75 trillion current US$ | 7.03 trillion current US$ | 3 |
| 2000s | 8.81 trillion current US$ | 6.88 trillion current US$ | 11.21 trillion current US$ | 10 |
| 2010s | 11.25 trillion current US$ | 10.51 trillion current US$ | 12.02 trillion current US$ | 10 |
| 2020s | 12.45 trillion current US$ | 11.41 trillion current US$ | 12.98 trillion current US$ | 3 |
Countries ranked near OECD members
- 4 Japan 1.12 trillion current US$ compare
- 5 India 997.12 billion current US$ compare
- 6 Russia 760.03 billion current US$ compare
- 7 United Kingdom 659.99 billion current US$ compare
- 8 South Korea 642.79 billion current US$ compare
- 9 Canada 601.87 billion current US$ compare
- 10 Italy 577.68 billion current US$ compare
More economy & growth data for OECD members
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0107 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1456 constant 2015 US$ per US$ of GDP (2024)
- General government final consumption expenditure (constant 2015 US$) 2.7 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 8,471 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1733 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$) 5.65 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 554.27 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 779.17 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.09 trillion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0151 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in OECD members?
- Industry (including construction), value added in OECD members was 12.98 trillion current US$ in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in OECD members?
- The highest recorded value was 12.98 trillion current US$ in 2022.
- What is the lowest industry (including construction), value added recorded in OECD members?
- The lowest recorded value was 6.75 trillion current US$ in 1998.
- How does OECD members rank for industry (including construction), value added?
- OECD members ranks 7th out of 47 groups with data for 2022.
- Is industry (including construction), value added rising or falling in OECD members?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this OECD members data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.