Estonia - Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Estonia was reported at 15.84 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 estonia manufacturing value added percent of gdp wb data
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Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.


Estonia | Economy & Growth