OECD members - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in OECD members was 77,191 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 77,191 in 2019 and 49,094 in 1995.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 49,094
1996 50,167
1997 58,216
1998 59,129
1999 60,845
2000 63,186
2001 62,959
2002 64,361
2003 66,092
2004 68,698
2005 69,461
2006 70,901
2007 71,703
2008 70,766
2009 68,373
2010 72,684
2011 73,024
2012 72,926
2013 73,452
2014 74,080
2015 76,084
2016 75,064
2017 76,151
2018 76,778
2019 77,191

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in OECD members was $11,855,500,000,000 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between $11,925,200,000,000 in 2018 and $6,728,970,000,000 in 1998.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 $6,825,840,000,000
1998 $6,728,970,000,000
1999 $7,020,900,000,000
2000 $7,192,000,000,000
2001 $6,832,870,000,000
2002 $6,936,360,000,000
2003 $7,726,480,000,000
2004 $8,650,290,000,000
2005 $9,182,560,000,000
2006 $9,778,020,000,000
2007 $10,638,200,000,000
2008 $11,161,700,000,000
2009 $9,769,429,000,000
2010 $10,447,700,000,000
2011 $11,277,400,000,000
2012 $11,163,100,000,000
2013 $11,208,400,000,000
2014 $11,420,700,000,000
2015 $10,548,000,000,000
2016 $10,603,600,000,000
2017 $11,199,000,000,000
2018 $11,925,200,000,000
2019 $11,855,500,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in OECD members was 11,390,600,000,000 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between 11,390,600,000,000 in 2019 and 8,556,970,000,000 in 1997.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 8,556,970,000,000
1998 8,740,490,000,000
1999 9,006,020,000,000
2000 9,387,910,000,000
2001 9,254,600,000,000
2002 9,263,090,000,000
2003 9,428,770,000,000
2004 9,779,550,000,000
2005 9,966,850,000,000
2006 10,339,500,000,000
2007 10,572,600,000,000
2008 10,344,100,000,000
2009 9,348,230,000,000
2010 9,800,000,000,000
2011 9,897,520,000,000
2012 9,924,090,000,000
2013 10,044,700,000,000
2014 10,276,600,000,000
2015 10,548,000,000,000
2016 10,671,100,000,000
2017 10,989,100,000,000
2018 11,286,800,000,000
2019 11,390,600,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in OECD members was 0.92 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 4.83 in 2010 and a minimum value of -9.63 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 2.14
1999 3.04
2000 4.24
2001 -1.42
2002 0.09
2003 1.79
2004 3.72
2005 1.92
2006 3.74
2007 2.25
2008 -2.16
2009 -9.63
2010 4.83
2011 1.00
2012 0.27
2013 1.22
2014 2.31
2015 2.64
2016 1.17
2017 2.98
2018 2.71
2019 0.92

Industry, value added (% of GDP)

Industry, value added (% of GDP) in OECD members was 21.96 as of 2019. Its highest value over the past 22 years was 26.79 in 1997, while its lowest value was 21.91 in 2016.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 26.79
1998 26.14
1999 25.97
2000 26.03
2001 24.97
2002 24.28
2003 24.18
2004 24.32
2005 24.42
2006 24.64
2007 24.50
2008 24.23
2009 22.66
2010 23.11
2011 23.19
2012 22.98
2013 22.77
2014 22.71
2015 22.22
2016 21.91
2017 22.16
2018 22.30
2019 21.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts