China: Share of manufacturing
* indicates monthly or quarterly data series
| China |
Value added by the manufacturing sector as percent of GDP |
|---|---|
| Latest value | 27.7 |
| Year | 2022 |
| Measure | percent |
| Data availability | 2004 - 2022 |
| Average | 30.01 |
| Min - Max | 26.29 - 32.45 |
| Source | The World Bank |
For that indicator, we provide data for China from 2004 to 2022. The average value for China during that period was 30.01 percent with a minimum of 26.29 percent in 2020 and a maximum of 32.45 percent in 2006.
The latest value from 2022 is 27.7 percent. For comparison, the world average in 2022 based on 125
countries is 13.12 percent.
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* indicates monthly or quarterly data series
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The importance of manufacturing in the economy of China 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.
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.