Medium and high-tech exports (% manufactured exports)

This indicator reflects the proportion of manufactured goods that fall into medium and high-tech categories compared to overall manufactured exports. By highlighting the significance of advanced manufacturing sectors, this metric serves as a key benchmark for assessing a country's technological competence and innovation capacity. A higher percentage suggests a robust commitment to research and development, indicating that the nation is positioning itself competitively in the global market, where technological prowess is paramount. Moreover, this measure can be a crucial determinant of economic resilience, as economies with a strong focus on high-tech exports are often better equipped to navigate market fluctuations and shifts in consumer demand. Source: