Korea, Rep. | Medium and high-tech manufacturing value added (% manufacturing value added)
The proportion of medium and high-tech industry value added in total value added of manufacturing Development relevance: Industrial development generally entails a structural transition from resource-based and low technology activities to medium and high-tech industry (MHT) activities. A modern, highly complex production structure offers better opportunities for skills development and technological innovation. MHT activities are also the high value addition industries of manufacturing with higher technological intensity and labour productivity. Increasing the share of MHT sectors also reflects the impact of innovation Limitations and exceptions: Value added by economic activity should be reported at least at 3-digit ISIC for compiling MHT values. Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017. Conversion to USD or difference in ISIC combinations may cause discrepancy between national and international figures. For additional information please see UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016 Statistical concept and methodology: The indicator is calculated as the share of the sum of the value added from medium and high-tech industry economic activities to manufacturing value added. The medium and high-tech industry is defined using OECD classification as the following by International Standard Industrial Classification of All Economic Activities (ISIC) Revision 3 and Revision 4 Division respectively: ISIC Rev. 3 (24, 29, 30, 31, 32, 33, 34, 35 excluding 351). Manufacturing value added is the value added of manufacturing industry, which is Section C of ISIC Rev.4, and Section D of ISIC Rev.3. Data can be found in UNIDO INDSTAT4 Database by ISIC Revision 3 and ISIC Revision 4 respectively. Data are collected using General Industrial Statistics Questionnaire which is filled by NSOs and submitted to UNIDO annually. Data for OECD countries are obtained directly from OECD. Country data are also collected from official publications and official web-sites. For additional information please see Table B.2.2 in Appendix B of UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Medium and high-tech manufacturing value added (% manufacturing value added)
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41.61497704 1990
40.49876698 1991
39.79504697 1992
41.73769616 1993
43.87874767 1994
47.11914154 1995
47.84175965 1996
48.13902633 1997
46.97198599 1998
49.46425994 1999
52.50037598 2000
51.86782775 2001
53.38951574 2002
54.02804326 2003
54.80083746 2004
54.14475388 2005
55.11759292 2006
55.12790095 2007
52.91692266 2008
55.31383349 2009
61.22562222 2010
58.39148821 2011
59.38036225 2012
60.06219889 2013
59.78441311 2014
60.34882088 2015
59.83849225 2016
61.46778658 2017
62.12938585 2018
61.46520119 2019
63.60770117 2020
63.60770117 2021
2022
Korea, Rep. | Medium and high-tech manufacturing value added (% manufacturing value added)
The proportion of medium and high-tech industry value added in total value added of manufacturing Development relevance: Industrial development generally entails a structural transition from resource-based and low technology activities to medium and high-tech industry (MHT) activities. A modern, highly complex production structure offers better opportunities for skills development and technological innovation. MHT activities are also the high value addition industries of manufacturing with higher technological intensity and labour productivity. Increasing the share of MHT sectors also reflects the impact of innovation Limitations and exceptions: Value added by economic activity should be reported at least at 3-digit ISIC for compiling MHT values. Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017. Conversion to USD or difference in ISIC combinations may cause discrepancy between national and international figures. For additional information please see UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016 Statistical concept and methodology: The indicator is calculated as the share of the sum of the value added from medium and high-tech industry economic activities to manufacturing value added. The medium and high-tech industry is defined using OECD classification as the following by International Standard Industrial Classification of All Economic Activities (ISIC) Revision 3 and Revision 4 Division respectively: ISIC Rev. 3 (24, 29, 30, 31, 32, 33, 34, 35 excluding 351). Manufacturing value added is the value added of manufacturing industry, which is Section C of ISIC Rev.4, and Section D of ISIC Rev.3. Data can be found in UNIDO INDSTAT4 Database by ISIC Revision 3 and ISIC Revision 4 respectively. Data are collected using General Industrial Statistics Questionnaire which is filled by NSOs and submitted to UNIDO annually. Data for OECD countries are obtained directly from OECD. Country data are also collected from official publications and official web-sites. For additional information please see Table B.2.2 in Appendix B of UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source