Czech Republic: Share of manufacturing

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Czech Republic: Value added by the manufacturing sector as percent of GDP

: For that indicator, The World Bank provides data for the Czech Republic from 1993 to 2017. The average value for the Czech Republic during that period was 22.71 percent with a minumum of 20.67 percent in 2009 and a maximum of 24.19 percent in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The importance of manufacturing in the economy of the Czech Republic 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.
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