Belgium - Manufacturing Value Added
Since 2014, Belgium Manufacturing Value Added decreased by 0.6points year on year. In 2019, the country was number 24 comparing other countries in Manufacturing Value Added with 13.63 Percent of Value Added in Industry and Services. Belgium is overtaken by Portugal, which was number 23 with 13.84 Percent of Value Added in Industry and Services and is followed by South Africa at 13.22 Percent of Value Added in Industry and Services. Ireland topped the ranking with 33.5 Percent of Value Added in Industry and Services in 2019, a fall of 4.1points compared to 2018. South Korea, Czech Republic and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Ireland recorded the best 5 years average growth at +9points per year, while Iceland recorded the worst performance at -5.2points per year.
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Date | Percent of Value Added in Industry and Services |
---|---|
2019 | 13.63 |
2018 | 13.65 |
2017 | 13.93 |
2016 | 13.84 |
2015 | 14.17 |
How does Belgium rank in Manufacturing Value Added?
# | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Ireland
|
33.50 % | 2019 | -4.1 % | +9.0 % | View data | |
2 |
#2
South Korea
|
27.66 % | 2019 | -5.0 % | -1.3 % | View data | |
23 |
#23
Portugal
|
13.84 % | 2019 | -2.4 % | +0.5 % | View data | |
24 |
#24
Belgium
|
13.63 % | 2019 | -0.1 % | -0.6 % | View data | |
25 |
#25
South Africa
|
13.22 % | 2019 | +0.2 % | -0.3 % | View data |