Industrial Production by Country
Year-on-year change in the volume of industrial output (mining, manufacturing, utilities). Latest values for 43 economies.
Among 41 countries, Israel has the highest industrial production at 15.5% and Romania the lowest at -6.2% (latest available readings).
Industrial Production by Region
Latest available reading (periods may differ by country). Choose a region or “All countries”.
Industrial Production — All Countries
Sorted by latest value. Click headers to re-sort.
| # | Country | Last | Previous | Period |
|---|---|---|---|---|
| 1 |  Israel | 15.5% | 29.0% | Jul 2026 |
| 2 | Iceland | 14.5% | 15.1% | Feb 2018 |
| 3 | Switzerland | 10.1% | 9.4% | Jun 2026 |
| 4 | India | 8.0% | 7.4% | Aug 2026 |
| 5 | Netherlands | 7.7% | 3.4% | Jul 2026 |
| 6 | Russia | 5.6% | 7.3% | Dec 2021 |
| 7 | Croatia | 5.2% | 6.9% | Aug 2026 |
| 8 | Finland | 4.8% | 4.1% | Jul 2026 |
| 9 | Hungary | 4.5% | 4.1% | Jul 2026 |
| 10 | Denmark | 4.0% | 8.8% | Jul 2026 |
| 11 | Japan | 3.6% | 2.5% | Jul 2026 |
| 12 | Lithuania | 3.4% | 5.0% | Aug 2026 |
| 13 | Czech Republic | 2.5% | 4.3% | Jul 2026 |
| 14 | Mexico | 2.4% | 0.8% | Jul 2026 |
| 15 | Estonia | 2.4% | -4.5% | Jul 2026 |
| 16 | Spain | 2.2% | 1.0% | Jul 2026 |
| 17 | Poland | 2.1% | 3.6% | Aug 2026 |
| 18 | Colombia | 2.0% | 0.1% | Jun 2026 |
| 19 | Slovenia | 1.9% | 1.6% | Jul 2026 |
| 20 | Ireland | 1.6% | -1.9% | Jul 2026 |
| 21 | United States | 1.4% | 1.1% | Aug 2026 |
| 22 | Slovakia | 1.3% | 0.4% | Jul 2026 |
| 23 | Canada | 1.2% | 3.5% | Jul 2026 |
| 24 | Latvia | 1.2% | 2.1% | Jul 2026 |
| 25 | United Kingdom | 0.6% | -0.2% | Jul 2026 |
| 26 | European Union | 0.1% | 0.4% | Jul 2026 |
| 27 | Italy | -0.1% | -0.5% | Jul 2026 |
| 28 | Euro Area | -0.2% | -0.3% | Jul 2026 |
| 29 | France | -0.5% | -0.1% | Jul 2026 |
| 30 | Turkey | -0.5% | -0.8% | Jul 2026 |
| 31 | Sweden | -0.6% | -1.1% | Jul 2026 |
| 32 | Norway | -0.8% | 8.2% | Jul 2026 |
| 33 | South Korea | -0.9% | 5.9% | Aug 2026 |
| 34 | Greece | -1.3% | 1.1% | Jul 2026 |
| 35 | Brazil | -1.4% | 0.1% | Aug 2026 |
| 36 | Austria | -1.9% | -0.3% | Jul 2026 |
| 37 | Germany | -2.2% | -0.5% | Jul 2026 |
| 38 | Luxembourg | -3.7% | -9.4% | Jul 2026 |
| 39 | Portugal | -3.8% | -0.9% | Aug 2026 |
| 40 | Chile | -5.2% | -0.2% | Jul 2026 |
| 41 | Belgium | -5.6% | -3.5% | Jul 2026 |
| 42 | Bulgaria | -5.9% | -3.1% | Jul 2026 |
| 43 | Romania | -6.2% | -5.1% | Jul 2026 |
Industrial Production around the world — in simple words
Overview
Industrial Production is available for 39 economies with recent data. The median value is 1.3% and the simple average is 1.3%.
Highest: Israel (15.5%), Switzerland (10.1%), India (8.0%), Netherlands (7.7%), Croatia (5.2%).
Lowest: Romania (-6.2%), Bulgaria (-5.9%), Belgium (-5.6%), Chile (-5.2%), Portugal (-3.8%).
Major economies
Among the 13 major economies tracked here, Switzerland (10.1%) has the highest reading and Germany (-2.2%) the lowest. Their median is 1.2%.
Industrial Production — Regional Medians
Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.
| Region | Countries | Median |
|---|---|---|
| East Asia & Pacific | 2 | 1.4% |
| Europe & Central Asia | 29 | 1.2% |
| Latin America & Caribbean | 4 | 0.3% |
| Middle East, North Africa, Afghanistan & Pakistan | 1 | 15.5% |
| North America | 2 | 1.3% |
| South Asia | 1 | 8.0% |
Understanding Industrial Production — a simple guide
What it measures
The year-on-year change in the volume of output from factories, mines and utilities (electricity, gas, water).
How it is calculated
Industrial production index (volume, seasonally adjusted) this month ÷ the same month last year − 1, × 100.
If the index is 155.7 now and was 150.0 a year ago, industrial production grew 3.8%.
Rising output signals strong demand for goods.
Falling output often signals weakening demand or supply problems.
Why it matters for the economy and markets
Industrial production is one of the earliest monthly signals of how the economy is doing and moves closely with the business cycle.
How to read it
It can swing sharply from month to month; look at the trend over several months. Negative readings for several months often accompany a slowdown in manufacturing.
What to look at alongside it
Business confidence, GDP growth and exports.
Key terms
- IIP
- Index of Industrial Production — India’s name for this measure.
- Volume index
- An index that tracks quantities produced, not prices.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What does industrial production measure?
Which country has the highest industrial production?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.