Global manufacturing growth, which was already decelerating in 2019 due to trade tensions among dominant economies, is expected to further decline due to economic disruptions triggered by COVID-19.

COVID-19 has turned the world upside down. Everything has been impacted. How we live and interact with each other, how we work and communicate, how we move around and travel. Every aspect of our lives has been affected.

In many countries, the mining industry is rapidly developing, generating substantial revenue and resulting in significant growth in those economies based on natural resources. The mining industry’s impact on the environment is expected to increase over time. This new wave of development of the mining industry is posing new challenges to national statistical institutions of both developed and developing countries with significant natural resources.

The report “How Industrial Development Matters to the Well-Being of the Population“ presents statistical evidence on how closely industrial development is linked to people’s living conditions and the quality of their lives. Countries’ development is often measured by their economic growth, defined in terms of rising levels of gross domestic product (GDP). However, GDP does not capture important quality of life elements as well as inequalities, which are essential for the assessment of any community’s well-being.

The International Yearbook of Industrial Statistics published by UNIDO contains a wealth of information on the level, structure and growth of world manufacturing. Data are presented at the most detailed level of 155 manufacturing industries. While these data are used by researchers to carry out in-depth economic analyses of structural transformation, many users have requested more concise statistical information on overall growth trends and the structure of global manufacturing.