UNIDO Statistics presents this report on the observed growth of world manufacturing production in the third quarter of 2017. The quarterly growth estimates are based on the indices of industrial production. Reports on earlier quarters are available on UNIDO’s website.

 

 

 

 

Major findings

• Global manufacturing output rose by 4.5 per cent in the third quarter of 2017 compared to the same period of the previous year. This impressive gain was based on an already strong growth throughout the first half of 2017. The manufacturing output growth was estimated at 3.1 per cent in industrialized economies, and 6.2 per cent in developing and emerging industrial economies.
• The upward growth trend of industrialized economies as a whole is attributable to the robust dynamics in all industrialized regions, namely manufacturing production expanded by 4.5 per cent in East Asia, by 4.0 per cent in Europe and by 1.4 per cent in North America.
• Latin America has made positive developments in the manufacturing sector and rose by 2.5 per cent. Asian developing economies achieved a relatively higher growth rate at 6.6 per cent. According to UNIDO’s latest estimates, African manufacturing experienced a 6.4 per cent year-to-year gain in the third quarter of 2017.
• Medium high and high technology manufacturing industries have repeatedly held top positions when looking at year-by-year comparisons – these industries witnessed a 6.0 per cent growth rate, a record-breaking result in the last five years.

 

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