The industry value added of Italy in 2024 amounted to 21.71% of GDP. In 2023, the value was 23.07%. According to the World Bank data, since 1990, this indicator has decreased in 1.29 times. The lowest industry share of GDP was recorded in 2014, with a value of 20.19%. The maximum industry value added share in Italy was in 1990, when it reached 27.92% of GDP.
Industry 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.
Share of industry in GDP | Italy – yearly data, chart and table
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Including construction.
Primary data
In absolute terms
Table
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Overview
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About indicator
Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Data are in current U.S. dollars.
