For the group of developing and emerging industrial economies, the MVA growth rate in 2018 was 3.8 per cent, down from 4.1 per cent in 2017. Even if manufacturing activity across most of the world showed signs of recovery in the third quarter, near-term risks remain high. Here’s another animated “bar chart race” visualization showing the world top ten manufacturing nations by share of global manufacturing output … Source: United Nations Statistics Division and Food and Agriculture Organization. Requested Data expired. U.S. manufacturing's gains in competitiveness and productivity help it remain a world leader. Detailed official data give further insights across regions and show common trends but also differences. And China is the world’s manufacturing powerhouse. Vulnerabilities in Cyber Security. Updated UNIDO forecasts for global manufacturing value added point to a yearly drop of 8.7 per cent in 2020. That puts the country more than 10 percentage points ahead of the United States. For more information, please contact UNIDO Statistics. Figure 2. UN data shows China is the world's manufacturing powerhouse, followed by the United States and Japan. Before improved treatment and vaccines become widely available, new waves of the pandemic, and their disastrous impact on people and businesses, cannot be discounted. The economic shock was severe but unavoidable given the social and economic lockdowns imposed around the world. The latest official statistics for the third quarter of 2020 show a quarter-on-quarter rise of 12.1 per cent in manufacturing output compared to the significant drops of 7.9 and 4.6 per cent recorded in the first and second quarters of the year, respectively. China’s economy has enjoyed 30 years of explosive growth. The IMF publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. Figure 1. Each quarter, UNIDO Statistics publishes a report summarizing current growth trends in world manufacturing production across countries and major sectors. UNIDO regularly releases statistics on current growth trends of global manufacturing at country and regional level. We compile and disseminate global statistical information, develop standards and norms for statistical activities, and support countries' efforts to … Global manufacturing output growth has registered a sharp decline of 6.0 percent in the first quarter of 2020 due to economic lockdown measures motivated by COVID-19 pandemic. The report is based on production data, which is collected and published by National Statistical Offices (NSOs) in UNIDO’s member states. This report presents estimates for the fourth quarter of 2020 as well as revised estimates for the third quarter of 2020. While China's manufacturing sector is expected to reduce its production by only 1.4 per cent this year, the fall in the United States and Europe’s industrialized economies looks likely to reach 11.6 and 14.1, respectively (figure 2). The United Nations Statistics Division is committed to the advancement of the global statistical system. This is the first statistical publication by UNIDO to be released on quarterly data. For instance, China felt the impact of COVID-19 earlier during the first quarter of 2020, due to an earlier lockdown. In a report, the investment bank … based on United Nations Statistics Division trade data covering about 200 countries and 13 manufacturing sectors. As the following chart shows, China’s share of global manufacturing output climbed from 8.7 percent in 2004 to 28.4 percent in 2018. The manufacturing value added (MVA) growth rate for industrialized countries rose by 2.3 per cent in 2018, compared to 2.6 per cent in 2017. 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