Top 5 Countries by Manufacturing Value Added in 2024

China held 28.5%; China plus the United States held 46.1% of global manufacturing.

What the Data Shows

Manufacturing value added ranks countries by factory-sector output in current US dollars for 2024. The chart rows are the five largest country values, with global-share notes and concentration strips for China, the top two and the top five. China accounted for 28.5% of the global country total. China and the United States together accounted for 46.1%, while the full top five accounted for 59.2%.

Data table

RankEntryValue
1ChinaUS$4.69T
2United StatesUS$2.88T
3GermanyUS$829B
4JapanUS$821B
5South KoreaUS$499B

Sources

Source 1: United Nations Statistics Division

Publisher: United Nations Statistics Division

Dataset/table: National Accounts Estimates of Main Aggregates, GVA by kind of economic activity

Units: Current U.S. dollars

Date checked: 2026-05-19

Evidence: Provides 2024 country-level gross value added by activity in current U.S. dollars.

Source 2: United Nations Statistics Division

Publisher: United Nations Statistics Division

Dataset/table: GDP and its breakdown at current prices in U.S. dollars, all countries

Units: Current U.S. dollars

Date checked: 2026-05-19

Evidence: Provides the downloadable all-country Excel file used for sector value-added rankings.

Data notes & caveats

Manufacturing value added excludes non-manufacturing industrial activities such as mining and utilities. UNSD US-dollar values use exchange-rate conversion and may include estimates for incomplete country series.

Methodology

Rank countries by UNSD 2024 Manufacturing (ISIC D) gross value added in current US dollars. Shares divide each country or group total by the sum of countries with 2024 data.

Source consistency notes

All country values, ranks and concentration metrics use one UNSD source table and one 2024 currency vintage.

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