In 2023, Ireland led the Global Industry Value Added metrics with 39.16, followed by the Czech Republic at 30.81, and Germany at 25.93. Poland and Slovakia followed closely. Luxembourg held the lowest value at 5.99. The forecast for 2024 predicts minimal year-on-year changes, indicating relative stability with nil variations. The Compound Annual Growth Rate (CAGR) over the last five years indicates modest growth or stability across most countries.
Looking forward, key trends to monitor include technological advancements, sustainability initiatives, and energy transition impacts. These will influence industrial efficiency, competitiveness, and overall value added by country, especially in energy-intensive sectors.
Top countries in Industry Value Added (Including Energy) by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Ireland | 39.16 | 2023 | View data |
| 2 | 2 Czech Republic | 30.81 | 2023 | View data |
| 3 | 3 Germany | 25.93 | 2023 | View data |
| 4 | 4 Poland | 25.88 | 2023 | View data |
| 5 | 5 Slovakia | 25.82 | 2023 | View data |
| 6 | 6 Norway | 25.2 | 2023 | View data |
| 7 | 7 Chile | 23.48 | 2023 | View data |
| 8 | 8 Austria | 21.65 | 2023 | View data |
| 9 | 9 Estonia | 20.61 | 2023 | View data |
| 10 | 10 Switzerland | 19.91 | 2023 | View data |