Manufacturing, value added (current US$)

This indicator provides a comprehensive measure of the net output generated by the manufacturing sector, which encompasses a wide range of industries categorized under ISIC divisions 15-37. By focusing on value added, the metric highlights the economic contribution of manufacturing as it subtracts intermediate inputs from total outputs, presenting a clearer picture of industrial productivity. Notably, this calculation is conducted without adjustments for asset depreciation or environmental resource depletion, thus reflecting the sector's immediate economic impact. Data is expressed in current U.S. dollars, enabling real-time analysis of manufacturing performance while facilitating cross-country comparisons. Understanding these dynamics is crucial for policymakers aiming to enhance industrial growth and investment strategies in manufacturing. Source: