skip to main content skip to main navigation
Winter 2010 / Issue 61 (originally published by Booz & Company)

Data Points: Manufacturing’s Economic Footprint

How big a role does manufacturing play in a nation’s economic output? On average, share of GDP rises as countries move from the low to the middle stage of economic development (from “factor-driven” to “efficiency-driven,” as defined by the World Economic Forum). But as national economies evolve to the “innovation-driven” stage, manufacturing’s share tends to decline. One likely reason: Product research, engineering, and design tend to remain in developed countries, but manufacturing flows to lower-cost nations. 


Get s+b's award-winning newsletter delivered to your inbox. Sign up No, thanks
Illustration of flying birds delivering information

Get the strategy+business newsletter delivered to your inbox