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USA: Value added by the manufacturing sector as percent of GDP: For that indicator, The World Bank provides data for the USA from 1997 to 2014. The average value for the USA during that period was 13.67 percent with a minumum of 12.17 percent in 2009 and a maximum of 16.58 percent in 1997.
The importance of manufacturing in the economy of the USA and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy. Share of manufacturing rankings around the world. Create and download charts for USA Share of manufacturing and other indicators with the country comparator.
World Bank definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.