In the world economy, added value refers to the increase in value that a product or service gains as it moves through different stages of production. It’s a key indicator of economic productivity, reflecting the contribution of labor, capital, and innovation to the final output.
Value added Services Sector Value Added Reaches $22.9 Trillion, Driving Growth
In 2023, the services sector's value added hits US$22.9 trillion, underlining its key role in global economic growth.
Value added Agriculture, Forestry, and Fisheries Added Value Hits $4.35 Trillion
In 2023, the added value of agriculture, forestry, and fisheries reached $4.35 trillion, highlighting its global economic importance.
Value added High Industry GDP Ratios: Brunei´s 61.8% Reflects Resource-Dependent Economy
Countries with high industry GDP ratios, like Brunei's 61.8%, often have resource-dependent economies.
Value added Singapore’s Services Sector Makes Up 72.4% of GDP in 2023, Leading Globally
In 2023, Singapore's services sector accounts for 72.4% of GDP, driven by finance, logistics, and communications.
Value added Puerto Rico’s Manufacturing Sector: 45.6% of GDP in 2023, Driven by Key Industries
Puerto Rico's manufacturing sector, 45.6% of GDP in 2023, thrives with pharmaceuticals, electronics, and biotech.
Value added Iraq’s Manufacturing Sector Grows by 10.9% in 2023: Key Economic Indicator
Iraq's manufacturing industry saw a 10.9% growth in 2023, driven by reconstruction, stabilization, and increased investments.
Value added Industrial Value Added in 2023: US$27.8 Trillion, Driven by Construction
Industrial value added hits US$27.8 trillion in 2023, with construction driving economic growth, especially in developing nations.
Value added EU’s Production Value Added Hits US$16.6 Trillion in 2023, Leading Globally
In 2023, the EU's production value added reaches US$16.6 trillion, the largest globally, due to major developed economies.
Value added Agriculture, Forestry & Fisheries Added Value Reaches US$4.35 Trillion in 2023
In 2023, agriculture, forestry, and fisheries contribute US$4.35 trillion, highlighting their vital role in the global economy.
Value added Manufacturing around the world, data in local currency and graphs of the top countries
Abstract In recent years, Indonesia has seen significant growth in value-added manufacturing, driven by industrializatio...