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Sep 6, 2023 · According to data published by CEOWORLD magazine’s executive council statistics division, China leads the world in manufacturing output, with over $4.97 trillion. China (mainland) is followed by Germany ($751 billion), India ($450 billion), South Korea ($426 billion), and Russia ($287 billion).
- Alexandra Dimitropoulou
Aug 27, 2019 · China has the world’s largest industrial output. In 2016 it is estimated that the country produced $4.566 trillion of industrial output. Strong factory output, stable retail sales, and an ever-growing export market have helped propel China meet its economic expectations.
According to data published by the United Nations Statistics Division, China accounted for 28 percent of global manufacturing output in 2018. That puts the country more than 10 percentage points ahead of the United States, which used to have the world’s largest manufacturing sector until China overtook it in 2010.
- Manufacturing by Country. Here’s a look at manufacturing by country, focusing on the world’s top ten manufacturing countries and what they contribute to the global manufacturing economy.
- China. According to the United States Statistics Division, China tops the list when it comes to manufacturing. The country makes up 28.4% of the total global manufacturing output, which adds a total value of nearly $4 trillion to the world economy.
- United States. The U.S. used to have the world’s largest manufacturing sector until it was overtaken by China in 2010, though it’s still in the contest with China to take back the position.
- Japan. Japan comes in third and provides approximately 7.2% of the world’s total manufacturing output. Japan produced $1 trillion from manufacturing in 2019.
- What Top Country Performers Are Doing
- Obstacles Constraining Manufacturing in Other Nations
- Recommendations For Improving Manufacturing
- Appendix: Data and Methodology
In looking at the nations that did well on our manufacturing index, we found that they took manufacturing seriously and had a number of policies conducive to developing that sector. We look at three different countries (the United Kingdom, Switzerland, and the United States) to see what they are doing to help manufacturing.
In this section, we examine several countries that did not perform very well on our index, looking at what problems they face and how their policies inhibit manufacturing development. We discuss the low-performing countries of Brazil, Indonesia, and Mexico to discern the barriers to manufacturing output.
Based on our analysis, we make a number of recommendations for improving the manufacturing sector. We discuss them in the section below.
We looked at five dimensions of the manufacturing environment: overall policies and regulations; tax policy; energy, transportation, and health costs; workforce quality; and infrastructure and innovation. Across these dimensions, we compiled data on 20 indicators and scored them on a five point scale. This yields a total possibility of 100 points. ...
Country Name 2022 2021 2020 2019 2018; China: $4,975,614,346,584: $4,909,012,672,556: $3,860,698,383,238: $3,823,421,827,243: $3,868,482,846,548: Japan: $818,397,884,843: $1,049,995,079,635: $1,013,771,233,812: $1,035,072,432,041: $1,039,514,535,671: Germany: $752,742,333,607: $809,032,219,783: $728,706,268,960: $761,472,158,941 ...
Country Industrial production growth rate % Date of Estimate 1 Panama: 37.5 2021 2 Guyana: 33.52 2021 3 Tajikistan: 22.04 2021 4 Nicaragua: 21.28 2021 5 Mauritius: 20.88 2021 6 Ireland: 20.33 2021 7 Honduras: 20.05 2021 8 Botswana: 19.38 2021 9 Sierra Leone: 17.41 2021 10 Peru: 16.44 2021 11 Liberia: 16.25 2021 12 Albania: 16 2021 13
