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Historical Values
Year Value
1990 growth rate 5.6% (FY88)
1991 growth rate - 1.8% (1990); accounts for 32% of GDP
1992 growth rate --0.9% (1991); accounts for 32% of GDP
1993 growth rate NA%; accounts for 32% of GDP
1994 growth rate 1.9% (FY93); accounts for 32% of GDP
1995 growth rate 3.9% (FY93/94); accounts for 32% of GDP
1996 3.9% (FY93/94)
1997 1.2% (1995)
1998 1.2% (1995)
1999 1.2% (1995)
2000 1.5% (1999 est.)
2001 1.5% (1999 est.)
2002 4.3% (2002 est.)
2003 4.3% (2002 est.)
2004 -0.1% (2003 est.)
2005 1.9% (2004 est.)
2006 1.1% (2005 est.)
2007 -3.5% (2006 est.)
2008 4.1% (2007 est.)
2009 3% (2008 est.) country comparison to the world: 86
2010 3% (2010 est.) country comparison to the world: 104
2011 4.5% (2010 est.) country comparison to the world: 92
2012 -0.1% (2011 est.) country comparison to the world: 148
2013 3.5% (2012 est.) country comparison to the world: 80
2014 3.2% (2013 est.) country comparison to the world: 91
2015 2.1% (2014 est.) | country comparison to the world: 125
2016 1.5% (2015 est.) | country comparison to the world: 121
2017 0.3% (2016 est.) | country comparison to the world: 155
2018 1.4% (2017 est.)
2019 1.4% (2017 est.)
2020 1.4% (2017 est.)
2021 1.4% (2017 est.)
2022 1.4% (2017 est.)
2023 -0.55% (2021 est.)
2024 1.34% (2023 est.) note: annual % change in industrial value added based on constant local currency
2025 0.5% (2024 est.) note: annual % change in industrial value added based on constant local currency