Jump to content

Secondary sector of the economy

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 31.25.3.90 (talk) at 08:20, 11 September 2012 (List of countries by industrial output). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The secondary sector of the economy or industrial sector includes those economic sectors that create a finished, tangible product: production and construction.

Function

This sector generally takes the output of the primary sector and manufactures finished goods. These products are then either exported or sold to domestic consumers and to places where they are suitable for use by other businesses. This sector is often divided into light industry and heavy industry. Many of these industries consume large quantities of energy and require factories and machinery to convert the raw materials into goods and products. They also produce waste materials and waste heat that may pose environmental problems or cause pollution.

List of countries by industrial output

Largest countries by industrial output, 2011
Econ
Countries by industrial output in 2011 (billions in USD)
 European Union
4,377
(01)  China
3,416
(02)  United States
2,898
(03)  Japan
1,602
(04)  Germany
1,023
(05)  Brazil
686
(06)  Russia
683
(07)  Italy
543
(08)  France
522
(09)  United Kingdom
517
(10)  Canada
471
(11)  India
443
(12)  South Korea
438
(13)  Indonesia
399
(14)  Saudi Arabia
399
(15)  Mexico
395
(16)  Spain
385
(17)  Australia
366
(18)  Turkey
219
(19)  Netherlands
203
(20)  United Arab Emirates
194
Rest of the World
5,862

The twenty largest countries by industrial output in 2011, according to the IMF and CIA.

See also

References