Graph and download economic data for Real Value Added by Industry: Construction (RVAC) from Q1 2005 to Q4 2024 about value added, private industries, construction, private, real, industry, and USA.

Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.

This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA.

Industry (including construction), value added (current US$) in World was reported at 27731899763024 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Industry, value added - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United States - Value Added by Industry: Construction as a Percentage of GDP was 4.50% in October of 2024, according to the United States Federal Reserve. Historically, United States - Value Added by Industry: Construction as a Percentage of GDP reached a record high of 5.10 in July of 2005 and a record low of 3.30 in January of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Value Added by Industry: Construction as a Percentage of GDP - last updated from the United States Federal Reserve on July of 2025.

This table has been discontinued due to a shift in the base year.

The output indicator on construction reflects the volume development of the value added (basic prices) in the sector construction according to the Standard Industrial Classification of all Economic Activities 2008 (SIC 41, 42 and 43). Monthly figures of construction are made consistent with figures of quarterly accounts when these are available. Monthly figures are also corrected for price changes. When the last month of a quarter is published, the second estimate of quarterly accounts figures of the national accounts are not yet available. Therefore, figures of value added of construction in the table can differ from value added figures of national accounts. Subjects: Volume changes, compared to the same period of the previous year and volume index figures, base year 2015=100.

Data available from January 2005 up and until December 2023.

Changes as of 01 May 2024: The figures of December 2023 have been added and the figures of October 2023 up to and including November 2023 could have been adjusted and this table has been discontinued.

Changes as of 18 July 2023: The yearly national accounts updates have been carried out and the figures of January 2020 up to and including April 2023 have been adjusted. The figures of May 2023 could been added. From now on the figures of 2020 are final.

Status of the figures: Data from 2005 up to and including 2020 are final. Data from 2021 onwards are provisional. Since this table has been discontinued, the data will not be finalized.

Changes as of 16 March 2021: The figures of January 2021 have been added and the figures of October up to and including December 2020 have been adjusted. From now on, we send the calendar and seasonally adjusted figures to Eurostat. The link to the relevant table can be found in section 3.

Statistics Netherlands has carried out a revision of the national accounts in June of 2018. New statistical sources and estimation methods have been used during the revision. This table provides the data after revision. For further information see section 3.

When are new figures released? No longer applicable.

This table is succeeded by "Construction; value added, index 2021=100 and changes". See Section 3.

China Construction Value Added increased 4.3% in 2019, from a year earlier.

Italy - Gross value added: Construction was EUR28406.00 Million in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Gross value added: Construction - last updated from the EUROSTAT on July of 2025. Historically, Italy - Gross value added: Construction reached a record high of EUR28406.00 Million in March of 2025 and a record low of EUR12913.60 Million in June of 2020.

China Construction: Value Added data was reported at 8,994,900.000 RMB mn in 2024. This records an increase from the previous number of 8,569,100.000 RMB mn for 2023. China Construction: Value Added data is updated yearly, averaging 2,074,451.616 RMB mn from Dec 1993 (Median) to 2024, with 32 observations. The data reached an all-time high of 8,994,900.000 RMB mn in 2024 and a record low of 84,073.260 RMB mn in 1993. China Construction: Value Added data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Construction Sector – Table CN.EC: Construction: Value Added.

Italy IT: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 527.826 USD bn in 2023. This records an increase from the previous number of 488.367 USD bn for 2022. Italy IT: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 404.826 USD bn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 561.146 USD bn in 2008 and a record low of 277.093 USD bn in 2000. Italy IT: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Italy – Table IT.World Bank.WDI: Gross Domestic Product: Nominal. 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.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

Morocco GDP: Value Added: Building and Construction data was reported at 24,216.398 MAD mn in 2005. This records an increase from the previous number of 22,298.709 MAD mn for 2004. Morocco GDP: Value Added: Building and Construction data is updated yearly, averaging 12,019.850 MAD mn from Dec 1980 (Median) to 2005, with 26 observations. The data reached an all-time high of 24,216.398 MAD mn in 2005 and a record low of 4,650.000 MAD mn in 1980. Morocco GDP: Value Added: Building and Construction data remains active status in CEIC and is reported by High Commission for Planning. The data is categorized under Global Database’s Morocco – Table MA.A038: SNA 1968: GDP: by Industry: Current Price: Annual.

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Brazil Gross Value Added: by Sector: Current Prices: Industrial: Construction data was reported at 259,943.524 BRL mn in 2018. This records a decrease from the previous number of 269,193.068 BRL mn for 2017. Brazil Gross Value Added: by Sector: Current Prices: Industrial: Construction data is updated yearly, averaging 269,193.068 BRL mn from Dec 2010 (Median) to 2018, with 9 observations. The data reached an all-time high of 306,946.000 BRL mn in 2014 and a record low of 206,927.000 BRL mn in 2010. Brazil Gross Value Added: by Sector: Current Prices: Industrial: Construction data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s National Accounts – Table BR.AC005: SNA 2008: Gross Value Added: by Sector: CNAE 2.0: Current Prices.

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Singapore Value Added Per Actual Hour Worked: 2010p: Construction data was reported at 16.789 SGD in 2017. This records an increase from the previous number of 16.689 SGD for 2016. Singapore Value Added Per Actual Hour Worked: 2010p: Construction data is updated yearly, averaging 15.788 SGD from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 16.789 SGD in 2017 and a record low of 14.914 SGD in 2009. Singapore Value Added Per Actual Hour Worked: 2010p: Construction data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.B031: Value Added per Actual Hour Worked by Industry: 2010p.

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Industry (including construction), value added (current US$) in Cambodia was reported at 17153292456 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cambodia - Industry, value added - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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