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Indicator Details
Manufacturing value added as a proportion of GDP (%)
Definition:
Manufacturing value added (MVA) as a proportion of Gross Domestic Product (GDP) and per capita is the total value of goods and services net of intermediate consumption. It is generally compiled as the sum of the value added of all manufacturing activity units in operation in the reference period. For the purpose on comparability over time and across countries MVA is estimated in terms of constant prices in USD. The current series are given at constant prices of 2018.
Methodology:
MVA proportion to GDP = MVA/GDP*100.
Periodicity:
Annual
Unit of Measurement:
%
Source: