Manufacturing, value added (constant 2015 US$) by country

What this measures

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.

Ranking

Regions and income groups

More economic policy & debt indicators

• Trade in services (% of GDP)
• Communications, computer, etc. (% of service imports, BoP)
• Primary income payments (BoP, current US$)
• Imports of goods and services (current US$, BoP)
• Insurance and financial services (% of service imports, BoP)
• Goods imports (current US$, BoP)
• Service imports (current US$, BoP)
• Charges for the use of intellectual property, payments (BoP, current US$)
• Imports of goods, services and primary income (current US$, BoP)
• Transport services (% of service imports, BoP)
• Travel services (% of service imports, BoP)
• Foreign direct investment, net outflows (BoP, current US$)

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Source

World Bank, World Development Indicators, NV.IND.MANF.KD, CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.