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Historical Values
Year Value
1992 growth rate -4.5% (1991)
1993 growth rate -9% (1992)
1994 growth rate -14% (1993); accounts for 50% of GDP
1995 growth rate -28% (1994 est.); accounts for 50% of GDP
1996 -11% (1995 est.)
1997 -5.1% (1996 est.)
1998 -1.8% (1997 est.)
1999 -1.5% (1998 est.)
2000 4.3% (1999 est.)
2001 12.9% (2000 est.)
2002 14.2% (2001 est.)
2003 6% (2002 est.)
2004 15.8% (2003 est.)
2005 16.5% (2004 est.)
2006 3.2% (2005 est.)
2007 6.3% (2006 est.)
2008 6% (2007 est.)
2009 -5% (2008 est.) country comparison to the world: 167
2010 8% (2010 est.) country comparison to the world: 29
2011 11.2% (2010 est.) country comparison to the world: 18
2012 7.6% (2011 est.) country comparison to the world: 32
2013 -2.1% (2012 est.) country comparison to the world: 158
2014 -5% (2013 est.) country comparison to the world: 190
2015 -9% (2014 est.) | country comparison to the world: 197
2016 -13.4% (2015 est.) | country comparison to the world: 198
2017 3.3% (2016 est.) | country comparison to the world: 71
2018 3.1% (2017 est.)
2019 3.1% (2017 est.)
2020 3.1% (2017 est.)
2021 3.1% (2017 est.)
2022 3.1% (2017 est.)
2023 2.57% (2021 est.)
2024 8.61% (2023 est.) note: annual % change in industrial value added based on constant local currency
2025 4.1% (2024 est.) note: annual % change in industrial value added based on constant local currency