Poland's machinery and transport equipment (% of value added in manufacturing) was 21.83% in 2023, the latest year in the World Bank's World Development Indicators. That is down 2.2 percentage points from 24.03% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 21.83% | 2023 |
| Five years earlier | 22.44% | 2018 |
| Ten years earlier | 24.03% | 2013 |
| Highest | 28.34% | 1981 |
| Lowest | 13.85% | 1992 |
| Average since 2014 | 21.88% | 2014–2023 |
| First recorded | 16.39% | 1963 |
What the numbers say
In 2023, Poland's machinery and transport equipment (% of value added in manufacturing) rose 3.58 percentage points on 2022 (from 18.25% to 21.83%).
Across the 30 yearly changes before that (1993 to 2022), the average change was +0.15 percentage points and a typical year strayed about 1.51 percentage points from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 3.98 percentage points in 1977 and the biggest yearly fall was 5.42 percentage points in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 0.43 percentage points a year. A straight line explains 60% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Poland had the 23rd highest value of the 63 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Poland in the 2023 ranking
What this measures
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).
Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."
All 61 values
| Year | Machinery and transport equipment (% of value added in manufacturing) |
|---|---|
| 2023 | 21.83 |
| 2022 | 18.25 |
| 2021 | 20.16 |
| 2020 | 20.9 |
| 2019 | 22.54 |
| 2018 | 22.44 |
| 2017 | 23.18 |
| 2016 | 22.57 |
| 2015 | 23.18 |
| 2014 | 23.72 |
| 2013 |
Machinery and transport equipment (% of value added in manufacturing) in nearby economies
- Albania — 6.7% (2023)
- Armenia — 2.81% (2023)
- Austria — 31.26% (2023)
- Azerbaijan — 8.63% (2023)
- Belarus — 14.57% (2022)
- Belgium — 15.94% (2023)
- Bosnia and Herzegovina — 9.04% (2023)
- Bulgaria — 20.94% (2023)
- Croatia
More economic policy & debt data for Poland
- Other manufacturing (% of value added in manufacturing) — 51.56% (2023)
- Textiles and clothing (% of value added in manufacturing) — 2.17% (2023)
- Food, beverages and tobacco (% of value added in manufacturing) — 18.5% (2023)
- Chemicals (% of value added in manufacturing) — 5.95% (2023)
- Adjusted savings, education expenditure (% of GNI) — 4.53% (2021)
- Adjusted savings, net forest depletion (current US$) — US$0 (2021)
- Adjusted savings, mineral depletion (current US$) — US$1.13 billion (2021)
- Adjusted savings, energy depletion (current US$) — US$942.79 million (2021)
- Communications, computer, etc. (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Poland's machinery and transport equipment (% of value added in manufacturing)?
- 21.83% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1963?
- It is up 5.44 percentage points from 16.39% in 1963. The highest value was 28.34% in 1981 and the lowest 13.85% in 1992.
- How does Poland rank?
- 23rd highest of 63 economies with data for 2023.
- Is the latest change in machinery and transport equipment (% of value added in manufacturing) unusual for Poland?
- In 2023, Poland's machinery and transport equipment (% of value added in manufacturing) rose 3.58 percentage points on 2022 (from 18.25% to 21.83%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0.15 percentage points and a typical year strayed about 1.51 percentage points from that (the standard deviation). This year's change was 2.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NV.MNF.MTRN.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in