The table below contains more information regarding the indicator.
Goal |
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation |
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Target |
Target 9.b: Support domestic technology development, research and innovation in developing countries, including by ensuring a conducive policy environment for, inter alia, industrial diversification and value addition to commodities |
Indicator |
Indicator 9.b.1: Proportion of medium and high-tech industry value added in total value added |
Definition and concepts |
The proportion of medium-high and high-tech industry (MHT hereafter) value added in total value added of manufacturing (MVA hereafter) is a ratio value between the value added of MHT industry and MVA. |
Comment and limitations |
Estimates for the most recent year are preliminary, subject to revision. |
Method of computation |
Proportion of medium and high-tech industry value added in total value added = (Manufacturing value added (MVA) of medium and high-tech industries (NAICS 325, 333, 334, 335, 336, 3391) / (MVA of Manufacturing industries (NAICS 31-33)) × 100 |