9.2.1 Manufacturing value added as a proportion of GDP

9.2.1 Manufacturing value added as a proportion of GDP

9.2.1 Manufacturing value added as a proportion of GDP and per capita

9.2 Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries

Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

This indicator is defined as the ratio between manufacturing value added and the gross domestic product (GDP), represented as a percentage. 

Gross value added of each industry is calculated as the difference between output (value of production) at basic prices and intermediate consumption at purchasers’ prices. Gross value added is calculated separately for each institutional sector due to the different calculation methods of value of production – gross output.  

Gross domestic product (GDP) by the production approach represents the sum of gross value added (GVA) of all sectors of the economy, increased by net taxes on products.

The gross value added (GVA) of the manufacturing industry represents the total value added created by all institutional units registered in the manufacturing sector. The manufacturing sector is defined according to the general standards of the Classification of Activities (KD 2010), which correspond to international standards set by Eurostat and the UN.

$\mathrm{Manufacturing} \mathrm{GVA} \mathrm{in} \mathrm{GDP}=\frac{\mathrm{GVA} \mathrm{of} \mathrm{the} \mathrm{manufacturing} \mathrm{industry}}{\mathrm{GDP}} * 100$

%

Republic of Serbia

Statistical Office of the Republic of Serbia

Annual

The Statistical Office of the Republic of Serbia has conducted a major or benchmark revision of GDP and all domains of the national accounts system in accordance with the Eurostat's five-year cycle of revision of national accounts, for the period 1995-2022.

C090201

https://unstats.un.org/sdgs/metadata/files/Metadata-09-02-01.pdf