Rationale and definition:

This indicator is a measure of manufacturing output as share of a country’s economy. Manufacturing is broadly defined as the “physical or chemical transformation of materials into new products,” regardless of the process (by machines or by hand), location (factory or home), or sale method (wholesale or retail).¹

The value added is the net output of the manufacturing sector, calculated after adding up all the outputs and subtracting the intermediate inputs. It is determined by the International Standard Industrial Classification (ISIC) revision 3, and calculated without deducting the depreciation of the fabricated assets, or the depletion and degradation of any natural resources.² The indicator is expressed as a share of gross domestic product (GDP).

Disaggregation:

Can be disaggregated by individual sectors (as per ISIC definitions) and by geography (urban/rural).

Comments and limitations:

TBD.

Comments and limitations:

TBD. Preliminary assessment of current data availability by Friends of the Chair: TBD.

Primary data source:

Administrative data.

Potential lead agency or agencies:

World Bank, OECD, UNIDO.