Latvia | 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 Latvia
Records
63
Source
Latvia | Medium and high-tech manufacturing value added (% manufacturing value added)
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33.12194762 1990
27.30951708 1991
23.22494271 1992
24.10903512 1993
20.76631739 1994
20.86886439 1995
16.56238346 1996
14.81712079 1997
11.36905622 1998
10.74641182 1999
11.68030317 2000
12.33115653 2001
11.40793261 2002
13.47300165 2003
13.98424869 2004
14.64771609 2005
14.58901479 2006
15.80026273 2007
20.69584317 2008
20.77302514 2009
16.61445223 2010
16.89911208 2011
16.59030723 2012
16.73862086 2013
17.72765965 2014
18.87331576 2015
18.52874954 2016
19.0063306 2017
20.21688156 2018
20.26571504 2019
24.31097982 2020
25.2000992 2021
2022

Latvia | 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 Latvia
Records
63
Source