Industry (including construction), value added in OECD members
OECD members: Industry (including construction), value added was 21.2% in 2022. ▼ Falling
Industry (including construction), value added in OECD members, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in OECD members is 21.2%, measured in 2022. That is the lowest value across all 26 years on record.
The figure is down 2.5% on the previous year and down 7.9% over ten years.
Over the whole period, industry (including construction), value added in OECD members peaked at 26.8% in 1997 and was at its lowest, 21.2%, in 2022.
OECD members ranks 41st of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Industry (including construction), value added in OECD members, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 26.8% | — |
| 1998 | 26.1% | -2.8% |
| 1999 | 25.9% | -0.9% |
| 2000 | 26.0% | +0.4% |
| 2001 | 25.0% | -3.8% |
| 2002 | 24.3% | -3.0% |
| 2003 | 24.1% | -0.6% |
| 2004 | 24.2% | +0.5% |
| 2005 | 24.3% | +0.2% |
| 2006 | 24.5% | +1.0% |
| 2007 | 24.4% | -0.5% |
| 2008 | 24.2% | -1.0% |
| 2009 | 22.6% | -6.5% |
| 2010 | 23.1% | +2.1% |
| 2011 | 23.2% | +0.4% |
| 2012 | 23.0% | -0.8% |
| 2013 | 22.7% | -1.2% |
| 2014 | 22.7% | -0.1% |
| 2015 | 22.2% | -2.1% |
| 2016 | 21.9% | -1.4% |
| 2017 | 22.2% | +1.2% |
| 2018 | 22.3% | +0.5% |
| 2019 | 21.9% | -1.6% |
| 2020 | 21.4% | -2.5% |
| 2021 | 21.7% | +1.6% |
| 2022 | 21.2% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.3% | 25.9% | 26.8% | 3 |
| 2000s | 24.4% | 22.6% | 26.0% | 10 |
| 2010s | 22.5% | 21.9% | 23.2% | 10 |
| 2020s | 21.4% | 21.2% | 21.7% | 3 |
Countries ranked near OECD members
- 38 Bangladesh 34.0% compare
- 39 Sudan 33.6% compare
- 40 Eswatini 33.6% compare
- 41 Bhutan 33.2% compare
- 42 South Sudan 33.1% compare
- 43 Uzbekistan 32.5% compare
- 44 Tajikistan 32.4% compare
More economy & growth data for OECD members
- Gross capital formation 12.80 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 15.18 trillion current US$ (2024)
- Gross fixed capital formation 12.72 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 1.0% (2024)
- Gross fixed capital formation 22.2% (2024)
- Gross capital formation 15.34 trillion current US$ (2024)
- Imports of goods and services 20.55 trillion current US$ (2025)
- Imports of goods and services 3.8% (2025)
- Imports of goods and services 17.02 trillion constant 2015 US$ (2025)
- Exports of goods and services 28.3% (2025)
Frequently asked questions
- What is industry (including construction), value added in OECD members?
- Industry (including construction), value added in OECD members was 21.2% 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 26.8% in 1997.
- What is the lowest industry (including construction), value added recorded in OECD members?
- The lowest recorded value was 21.2% in 2022.
- How does OECD members rank for industry (including construction), value added?
- OECD members ranks 41st out of 45 groups with data for 2022.
- Is industry (including construction), value added rising or falling in OECD members?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
- 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 (% 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.