Industrial Production, constant US$ in Lower middle income

Lower middle income: Industrial Production, constant US$ was 1.34 trillion in 2025. ▲ Rising

Latest (2025)
1.34 trillion
Change on year
up 4.4%
Rank
4th
of 10 groups
All-time high
1.34 trillion
in 2025
All-time low
276.90 billion
in 1991
Years of data
35
1991–2025

Industrial Production, constant US$ in Lower middle income, 1991–2025

250.0B500.0B750.0B1.0T1.2T1991200820251991: 276.9B1992: 284.8B1993: 290.0B1994: 307.7B1995: 341.7B1996: 372.0B1997: 392.7B1998: 415.9B1999: 436.1B2000: 454.7B2001: 463.0B2002: 481.0B2003: 504.5B2004: 545.9B2005: 589.6B2006: 642.3B2007: 719.9B2008: 763.3B2009: 757.4B2010: 843.2B2011: 875.4B2012: 896.4B2013: 898.7B2014: 952.7B2015: 968.1B2016: 1.0T2017: 1.1T2018: 1.1T2019: 1.1T2020: 956.6B2021: 1.1T2022: 1.2T2023: 1.2T2024: 1.3T2025: 1.3T

Source: World Bank staff calculations based on Datastream data.

Analysis

Lower middle income recorded 1.34 trillion for industrial production, constant us$ in 2025. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 4.4% on the previous year and up 38.1% over ten years.

Over the whole period, industrial production, constant us$ in Lower middle income peaked at 1.34 trillion in 2025 and was at its lowest, 276.90 billion, in 1991.

The long-run direction has been consistently rising across the 35 years of available data.

Industrial Production, constant US$ in Lower middle income, year by year

Annual values for Industrial Production, constant US$ in Lower middle income, 1991 to 2025.
Year Value Change
1991 276.90 billion —
1992 284.83 billion +2.9%
1993 289.96 billion +1.8%
1994 307.70 billion +6.1%
1995 341.66 billion +11.0%
1996 372.00 billion +8.9%
1997 392.71 billion +5.6%
1998 415.88 billion +5.9%
1999 436.11 billion +4.9%
2000 454.67 billion +4.3%
2001 462.96 billion +1.8%
2002 481.02 billion +3.9%
2003 504.50 billion +4.9%
2004 545.92 billion +8.2%
2005 589.60 billion +8.0%
2006 642.26 billion +8.9%
2007 719.88 billion +12.1%
2008 763.28 billion +6.0%
2009 757.39 billion -0.8%
2010 843.24 billion +11.3%
2011 875.37 billion +3.8%
2012 896.38 billion +2.4%
2013 898.74 billion +0.3%
2014 952.70 billion +6.0%
2015 968.08 billion +1.6%
2016 1.02 trillion +5.7%
2017 1.05 trillion +2.9%
2018 1.11 trillion +5.1%
2019 1.10 trillion -0.1%
2020 956.58 billion -13.4%
2021 1.10 trillion +14.9%
2022 1.16 trillion +5.9%
2023 1.22 trillion +4.6%
2024 1.28 trillion +5.2%
2025 1.34 trillion +4.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 346.42 billion 276.90 billion 436.11 billion 9
2000s 592.15 billion 454.67 billion 763.28 billion 10
2010s 972.13 billion 843.24 billion 1.11 trillion 10
2020s 1.18 trillion 956.58 billion 1.34 trillion 6

Countries ranked near Lower middle income

  1. 1 China 7.81 trillion compare
  2. 2 United States 3.30 trillion compare
  3. 3 Japan 1.61 trillion compare
  4. 4 Germany 1.03 trillion compare
  5. 5 India 853.42 billion compare
  6. 6 Russia 782.84 billion compare
  7. 7 South Korea 545.41 billion compare

See the full ranking of 99 places →

More reference data data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is industrial production, constant us$ in Lower middle income?
Industrial production, constant us$ in Lower middle income was 1.34 trillion in 2025, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Lower middle income?
The highest recorded value was 1.34 trillion in 2025.
What is the lowest industrial production, constant us$ recorded in Lower middle income?
The lowest recorded value was 276.90 billion in 1991.
How does Lower middle income rank for industrial production, constant us$?
Lower middle income ranks 4th out of 10 groups with data for 2025.
Is industrial production, constant us$ rising or falling in Lower middle income?
Over the last ten years it is up 38.1%. The long-run trend across the full record is rising.
Where does this Lower middle income data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.

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Industrial Production, constant US$ in Lower middle income. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/industrial-production-constant-us/lower-middle-income/

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About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,668 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.