International statistics Gross value added: Industry

Definition: Industry corresponds to ISIC divisions 10-45. It comprises value added in mining, manufacturing, construction, electricity, water and gas supply. 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, revision 3.

This indicator is included in the World Development Indicators and is based on National Accounts data compiled by the World Bank and and Organization for Economic Co-operation and Development National Accounts data.

Unit: % of gross domestic product

Data source: World Development Indicators, World Bank

Link to the key table: Gross value added: Industry (international comparison)