Philippines - Medium and High-Tech Industry Value Added (Including Construction)
Since 2014, Philippines Medium and High-Tech Industry Value Added (Including Construction) was down by 1.7points year on year. In 2019, the country was number 26 among other countries in Medium and High-Tech Industry Value Added (Including Construction) at 42.43 Percent of Manufacturing Value Added. Philippines is overtaken by Mexico, which was ranked number 25 at 42.77 Percent of Manufacturing Value Added and is followed by Vietnam at 42.25 Percent of Manufacturing Value Added. Singapore lead the ranking with 80.74 Percent of Manufacturing Value Added in 2019, that is an increase of 0.4points versus 2018. Switzerland, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Morocco witnessed the best average annual growth at +35.3points per year, while Zimbabwe witnessed the worst performance at -14.9points per year.
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| Date | Percent of Manufacturing Value Added |
|---|---|
| 2019 | 42.43 |
| 2018 | 42.33 |
| 2017 | 42.33 |
| 2016 | 43.54 |
| 2015 | 44.58 |
How does Philippines rank in Medium and High-Tech Industry Value Added (Including Construction)?
| # | 147 Countries | Percent of Manufacturing Value Added | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Singapore
|
80.74 % | 2019 | +0.3 % | -1.0 % | View data | |
| 2 |
#2
Switzerland
|
65.19 % | 2019 | +1.0 % | +0.7 % | View data | |
| 25 |
#25
Mexico
|
42.77 % | 2019 | +0.5 % | +1.1 % | View data | |
| 26 |
#26
Philippines
|
42.43 % | 2019 | +0.2 % | -1.7 % | View data | |
| 27 |
#27
Vietnam
|
42.25 % | 2019 | +3.8 % | +0.7 % | View data | |