Industry Economy
value added, % of GDP
Description: These maps show gross value added from industrial activities (measured as a share of a reporting country’s GDP) across the EU27 and neighbouring countries.
Analysis & Metadata
Analysis:
On average, gross value added from industrial activities decreased by 0.1% per year across the EU27 in the last ten years (of available data).Projection:
If the next decade is like the previous one, gross value added from industrial activities will be around 19 percent of GDP by 2030on average across the EU27. Data timeline: 1995 – 2020
Data treatment:
- This data set has been merged with Eurostat’s GDP data set [nama_10_gdp] to turn the data into data per unit of GDP.
- This data has been parsed by a linear regression algorithm in order to complete any missing data with a likely statistical approximation (countries may be missing data for certain years for any number of reasons, see original source) and to produce statistical projections for the near future.
- The EU27 average has been weighted in accordance with GDP data.
- This projection assumes the impact of Covid-19 will be similar to an accelerated version of the Great Recession (replicating the changes in the data between 2007 and 2013 to the years 2020, 2021 and 2022).
Last updated: Tue 18 January 2022
Disclaimer: This data is taken from publicly available sources. Even though all reasonable endeavours have been made to ensure the reliability of the information presented, it is provided as is, without any guarantee of accuracy. Missing data may have been added using standard statistical approximation methods.