Oct 17, 2024
📈 U.S. and EU Manufacturing Value Added: Convergence Since 2015
U.S. and European Union share of world manufacturing value added fluctuated around 17% since 2015. Manufacturing comprises 11% of U.S. overall output (GDP) and 15% of EU.
Dataset
| Share of global manufacturing value added | ||
|---|---|---|
| U.S. | European Union | |
| 2000 | 25.0% | 20.6% |
| 2001 | 25.5% | 22.0% |
| 2002 | 25.1% | 23.1% |
| 2003 | 23.4% | 24.9% |
| 2004 | 22.1% | 25.3% |
| 2005 | 21.8% | 24.3% |
| 2006 | 21.4% | 23.9% |
| 2007 | 19.5% | 24.7% |
| 2008 | 17.6% | 24.4% |
| 2009 | 18.2% | 21.9% |
| 2010 | 16.9% | 20.0% |
| 2011 | 15.8% | 19.8% |
| 2012 | 15.9% | 17.7% |
| 2013 | 16.1% | 18.0% |
| 2014 | 15.8% | 18.1% |
| 2015 | 16.8% | 16.8% |
| 2016 | 16.4% | 17.2% |
| 2017 | 15.9% | 17.0% |
| 2018 | 15.9% | 17.1% |
| 2019 | 16.1% | 16.7% |
| 2020 | 15.7% | 16.5% |
| 2021 | 14.7% | 16.1% |
| 2022 | 16.5% | 15.8% |
| 2023 | 17.3% | 17.0% |
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