Hong Kong SAR, China - Medium and high-tech industry (% manufacturing value added)

The value for Medium and high-tech industry (% manufacturing value added) in Hong Kong SAR, China was 38.07 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 39.50 in 2000 and a minimum value of 26.31 in 2003.

Definition: The proportion of medium and high-tech industry value added in total value added of manufacturing

Source: United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database

See also:

Year Value
1990 27.56
1991 27.69
1992 28.17
1993 28.61
1994 31.28
1995 33.39
1996 32.30
1997 32.64
1998 34.18
1999 35.12
2000 39.50
2001 36.61
2002 30.00
2003 26.31
2004 27.13
2005 29.57
2006 33.08
2007 29.84
2008 32.68
2009 32.58
2010 38.07
2011 36.11
2012 34.13
2013 33.93
2014 36.06
2015 36.61
2016 37.38
2017 38.47
2018 38.07
2019 38.07

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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts