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Historical Values
Year Value
1990 growth rate 2-4% (1989 est.)
1991 growth rate 2-4% (1989 est.); accounts for 24% of GDP
1992 growth rate 7.3% (FY89 est.); accounts for 18% of GDP
1993 growth rate 7.3% (FY89 est.); accounts for 18% of GDP
1994 growth rate -0.4% (FY92 est.); accounts for 18% of GDP
1995 growth rate 2.7% (FY92/93 est.)
1996 NA%
1997 NA%
1998 8.5% (1996 est.)
1999 9.4% (1997 est.)
2000 5% (1999 est.)
2001 2.1% (2000 est.)
2002 1.8% (2001 est.)
2003 2.2% (2002 est.)
2004 1.5% (2003 est.)
2005 2.5% (2004 est.)
2006 5% (2005 est.)
2007 5.1% (2006 est.)
2008 7.5% (2007 est.)
2009 6.1% (2008 est.) country comparison to the world: 38
2010 5.5% (2010 est.) country comparison to the world: 60
2011 4.4% (2010 est.) country comparison to the world: 96
2012 0.5% (2011 est.) country comparison to the world: 144
2013 4.7% (2012 est.) country comparison to the world: 59
2014 1.4% (2013 est.) country comparison to the world: 138
2015 1.5% (2014 est.) | country comparison to the world: 138
2016 0.8% (2015 est.) | country comparison to the world: 153
2017 3.5% (2016 est.) | country comparison to the world: 68
2018 3.5% (2017 est.)
2019 3.5% (2017 est.)
2020 3.5% (2017 est.)
2021 3.5% (2017 est.)
2022 3.5% (2017 est.)
2023 -1.09% (2021 est.)
2024 -0.57% (2023 est.) note: annual % change in industrial value added based on constant local currency
2025 -1.9% (2024 est.) note: annual % change in industrial value added based on constant local currency