UNIDO releases latest International Yearbook of Industrial Statistics
VIENNA, 18 March 2010 – The recent financial crisis severely affected manufacturing production of major industrialized countries in 2009, but generated comparatively milder impact for developing countries.
Manufacturing value added (MVA) of some major industrial countries dropped by more than 10 per cent, while MVA growth of developing countries was around 2.5 per cent.
These are some of the key findings of the International Yearbook of Industrial Statistics 2010, an annual publication of the United Nations Industrial Development Organization (UNIDO), which came out this month.
The Yearbook provides internationally comparable data for major indicators of manufacturing activity which can be used to analyze patterns of growth and related long term trends, structural change and industrial performance in individual industries. It is the only international publication that offers economists, planners, policymakers and business people worldwide statistics on current performance and trends in the manufacturing sector.
The new publication also suggests that two major developing economies, China and India, maintained high growth rates during the entire period of the financial crisis. As a result, China climbed to the second position in the world, after the United States, as the largest producer of manufacturing output. India and Brazil ranked ninth and tenth among the top 10 world manufacturers.
Manufacturing has been the major driver of overall economic growth of developing countries in the last 15 years. During this period, GDP of developing countries nearly doubled, but MVA grew by 2.25 times. Contribution of manufacturing in GDP increased to almost 22 per cent in 2009 compared to 18 per cent in 1990.
Estimates of industrial growth of newly industrialized countries indicated a marginal decline. This group comprises 17 developing economies which have achieved relatively high level of industrialization. MVA in newly industrialized countries fell merely by 0.1 per cent in 2009, however, the share of newly industrialized countries in the world MVA still increased. MVA growth of the Least Developed Countries (LDCs) in general was estimated at 7 per cent. For African LDCs, it was 5 per cent.
Estimates published in the Yearbook also show that industrialized countries account for more than two-thirds of world MVA. Japan is the most industrialized country of the world in terms of MVA per capita (about US$ 9,000 in 2008) compared to the average value of about 3,500 for industrialized countries and about 400 for developing countries.
In view of geographical distribution of the global MVA, Asia contributed almost 45 per cent in 2009, out of which the contribution of developing and industrialized countries (Japan, Republic of Korea and Singapore) was 25 per cent and 20 per cent respectively. Despite some increment in 2009, the share of African developing countries was just above 1 per cent of the world MVA. Latin American developing countries slightly reduced their share in world MVA.
The publication presents recent data from national industrial surveys for more than 70 countries in detail. UNIDO maintains an international industrial statistics database and disseminates its statistical products to a wide range of international data users.
The Yearbook of Industrial Statistics 2010 is jointly published by UNIDO and Edward Elgar Publishing Limited. ISBN 978 1 84980 089 1. It can be ordered here:
http://www.e-elgar-economics.com/Bookentry_DESCRIPTION.lasso?id=13914
For more information on the Yearbook, please contact:
Shyam Upadhyaya, UNIDO Chief Statistician
For more information on UNIDO, please contact:
Mikhail Evstafyev, UNIDO Advocacy and media specialist
+43-650-391-5278
Or write to communications@unido.org
