# Value added in industry, construction and market services

Value added of enterprises in industry, construction and market services (NACE Rev. 2 sections B to S except O and S94): income from operating activities after deducting purchases of goods and services, in millions of euros at current prices. Eurostat structural business statistics; at basic prices from 2021 and at factor cost for 2005 to 2020.

## Key facts

- Value added in industry, construction and market services in the European Union (27) was €10.92 trillion in 2024, according to Eurostat, European Commission.
- Germany had the highest value added in industry, construction and market services of 27 EU countries in 2024, at €2.89 trillion, and Malta the lowest, at €16.7 billion. Source: Eurostat, European Commission.
- Published for 28 places, with figures from 2021 to 2024.
- Figures last updated on 2026-10-12.

- Indicator id: `sbs_value_added_eur_business_economy`
- Unit: EUR million
- Note: Eurostat structural business statistics (sbs_ovw_act), from 2021. Covers NACE Rev. 2 sections B to S except public administration (O) and membership organisations (S94), so it includes financial and insurance activities, education, health and arts as well as the 12 sections with their own series; it is not their sum. There is no earlier comparable total: the 2005 to 2020 table excluded financial and insurance activities, education, health, arts and most other services in section S. Amounts are published in euros for every country. Not the same as active_companies (INE business register, Spain) or employer_firms (US Census Bureau).
- Web page: https://invokely.ai/en/value-added-business-economy
- API: https://invokely.ai/api/v1/indicators/sbs_value_added_eur_business_economy

## Latest figures

| Place | Period | EUR million | Source |
|---|---|---:|---|
| European Union (27) | 2024 | 10,924,924 | Eurostat. Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), value added, EUR million (sbs_ovw_act). https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Retrieved 2026-10-12. |

## Rankings

- [EU countries](https://invokely.ai/rankings/value-added-business-economy/eu-countries.md) (27 places)