Manufacturing Value Added Economic Data

In our post on Manufacturing and the Economy we examined global manufacturing value added economic data. The World Bank has provided updated data, for 2002, which we provide below. In, Global Manufacturing Data by Country, we explored data from the United Nations through 2004 (on a related, but different, measure of manufacturing).

Country 1990 2001 2002 1990-2002% increase*
United States 1,040,600 1,422,999 1,463,300 41
Japan 810,231 865,809 811,829 0
China 116,572 407,513 No Data 250
Germany 456,405 385,923 410,644 -10
United Kingdom 206,718 220,429 No Data 7
France 228,270 217,534 192,279 -16
Italy 247,914 203,248 216,177 -13
Korea 64,604 117,575 129,449 100
Mexico 49,992 110,381 110,667 121
India 48,807 67,143 72,681 49
World 4,412,837 5,404,373 5,446,980 23

* 1990-2001 increase if no 2002 data available.

Obviously this data is a few years old, still it provides indications supporting some and contradicting other existing perceptions. Even though data is not available for China for 2002, from 1990 to 2001 their manufacturing is up 250% (it would be even more if 2002 data were available). The United States is by far the largest manufacturing economy and USA manufacturing continues to grow faster than global manufacturing.

Manufacturing employment is not shown in this data but in, Global Manufacturing Job Data, we explored data showing it is decreasing globally while manufacturing output continues to increase globally. The United States is losing manufacturing jobs more slowly then the rest of the world (and China has lost far more manufacturing jobs than the USA, from 1992-2003).

3 thoughts on “Manufacturing Value Added Economic Data

  1. Pingback: Curious Cat Management Improvement Blog » Manufacturing in Asia

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