Industry, value added | Italy – yearly data, chart and table
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Compare
Including construction.
Primary data
Change
Per month
Per capita
Per person employed in industry
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Per capita (local currency)
Percent of GDP
Table
Chart
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Overview
The total industry (including construction) value added of Italy in 2024 amounted to 515 181.93 million USD, which is 3.11% less than in 2023, when it was 531 700.22 million USD. This is the first year of decline after a period of growth. Over the entire data period, since 1990, this indicator has increased in 1.56 times. The lowest value added in industry was recorded in 2000, when it was 277 092.63 million USD. The maximum value of Italy was in 2008, when it reached 561 145.86 million USD. 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.
Additional infomation:
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.
