Turkey - Manufacturing Value Added
Since 2014, Turkey Manufacturing Value Added increased 1.4points year on year. At 20.29 Percent of Value Added in Industry and Services in 2019, the country was number 9 among other countries in Manufacturing Value Added. Turkey is overtaken by Indonesia, which was number 8 at 20.55 Percent of Value Added in Industry and Services and is followed by Slovakia at 20.28 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, -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 | 20.29 |
| 2018 | 21.24 |
| 2017 | 19.83 |
| 2016 | 18.81 |
| 2015 | 18.93 |
How does Turkey 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 | |
| 8 |
#8
Indonesia
|
20.55 % | 2019 | -0.8 % | -1.0 % | View data | |
| 9 |
#9
Turkey
|
20.29 % | 2019 | -4.5 % | +1.4 % | View data | |
| 10 |
#10
Slovakia
|
20.28 % | 2019 | -4.2 % | -1.0 % | View data | |