United Kingdom - Medium and high-tech industry (% manufacturing value added)

The value for Medium and high-tech industry (% manufacturing value added) in United Kingdom was 48.17 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 50.53 in 2013 and a minimum value of 41.97 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 44.76
1991 44.44
1992 44.35
1993 43.73
1994 43.66
1995 43.37
1996 43.63
1997 43.32
1998 43.68
1999 44.46
2000 43.46
2001 42.24
2002 42.67
2003 41.97
2004 42.18
2005 42.38
2006 43.81
2007 43.46
2008 44.89
2009 47.82
2010 49.74
2011 49.54
2012 49.23
2013 50.53
2014 50.18
2015 48.32
2016 46.66
2017 48.11
2018 48.73
2019 48.17

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