Industry (including construction), value added in North America
North America: Industry (including construction), value added was 18.2% in 2021. ▼ Falling
Industry (including construction), value added in North America, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
North America recorded 18.2% for industry (including construction), value added in 2021.
Compared with earlier readings it is up 3.2% on the previous year and down 10.0% over ten years.
Over the whole period, industry (including construction), value added in North America peaked at 23.5% in 1997 and was at its lowest, 17.6%, in 2020.
That places North America 46th out of 47 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Industry (including construction), value added in North America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 23.5% | — |
| 1998 | 22.9% | -2.2% |
| 1999 | 22.9% | -0.1% |
| 2000 | 22.9% | +0.1% |
| 2001 | 21.9% | -4.4% |
| 2002 | 21.1% | -3.8% |
| 2003 | 21.3% | +0.8% |
| 2004 | 21.6% | +1.3% |
| 2005 | 21.9% | +1.6% |
| 2006 | 22.2% | +1.6% |
| 2007 | 22.1% | -0.6% |
| 2008 | 21.6% | -2.2% |
| 2009 | 19.8% | -8.5% |
| 2010 | 20.0% | +1.1% |
| 2011 | 20.2% | +1.1% |
| 2012 | 19.9% | -1.4% |
| 2013 | 20.0% | +0.1% |
| 2014 | 20.0% | +0.3% |
| 2015 | 19.0% | -5.2% |
| 2016 | 18.4% | -3.3% |
| 2017 | 18.8% | +2.3% |
| 2018 | 19.0% | +1.3% |
| 2019 | 18.6% | -2.1% |
| 2020 | 17.6% | -5.2% |
| 2021 | 18.2% | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.1% | 22.9% | 23.5% | 3 |
| 2000s | 21.7% | 19.8% | 22.9% | 10 |
| 2010s | 19.4% | 18.4% | 20.2% | 10 |
| 2020s | 17.9% | 17.6% | 18.2% | 2 |
Countries ranked near North America
- 43 Uzbekistan 32.5% compare
- 44 Tajikistan 32.4% compare
- 45 Kazakhstan 32.3% compare
- 46 Paraguay 32.3% compare
- 47 Egypt 32.1% compare
- 48 Belarus 31.6% compare
- 49 Chile 31.4% compare
More economy & growth data for North America
- Imports of goods and services 5.0% (2024)
- Gross capital formation 6.84 trillion current US$ (2024)
- Gross capital formation 5.52 trillion constant 2015 US$ (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 4.86 trillion current US$ (2024)
- Imports of goods and services 4.34 trillion constant 2015 US$ (2024)
- Trade 28.5% (2024)
- Services, value added 19.44 trillion current US$ (2021)
- Industry (including construction), value added 4.69 trillion current US$ (2021)
Frequently asked questions
- What is industry (including construction), value added in North America?
- Industry (including construction), value added in North America was 18.2% in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in North America?
- The highest recorded value was 23.5% in 1997.
- What is the lowest industry (including construction), value added recorded in North America?
- The lowest recorded value was 17.6% in 2020.
- How does North America rank for industry (including construction), value added?
- North America ranks 46th out of 47 groups with data for 2021.
- Is industry (including construction), value added rising or falling in North America?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is falling.
- Where does this North America data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.