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Historical Values
Year Value
1990 growth rate 25.1% (1988)
1991 growth rate 15.0% (1989 est.); accounts for 5% of GDP
1992 growth rate 7.0% (1990); accounts for 5% of GDP
1993 growth rate 7.0% (1990); accounts for 5% of GDP
1994 growth rate 8% (1992 est.); accounts for 5% of GDP
1995 growth rate 1.5% (1992); accounts for 5% of GDP
1996 15% (1994)
1997 15% (1994)
1998 19.7% (FY95/96)
1999 19.7% (FY95/96)
2000 9.3% (FY98/99)
2001 7% (1999)
2002 7% (1999) (1999)
2003 6.3% (2002 est.)
2004 5% (2003 est.)
2005 5.6% (2004 est.)
2006 9% (2005 est.)
2007 5.2% (2006 est.)
2008 5.8% (2007 est.)
2009 7% (2008 est.) country comparison to the world: 30
2010 6% (2010 est.) country comparison to the world: 53
2011 8.9% (2010 est.) country comparison to the world: 33
2012 2% (2011 est.) country comparison to the world: 124
2013 3.6% (2012 est.) country comparison to the world: 78
2014 3.8% (2013 est.) country comparison to the world: 78
2015 5% (2014 est.) | country comparison to the world: 52
2016 6.5% (2015 est.) | country comparison to the world: 29
2017 3.8% (2016 est.) | country comparison to the world: 63
2018 4.4% (2017 est.)
2019 4.4% (2017 est.)
2020 4.4% (2017 est.)
2021 4.4% (2017 est.)
2022 4.4% (2017 est.)
2023 3.47% (2021 est.)
2024 3.5% (2023 est.) note: annual % change in industrial value added based on constant local currency
2025 4.9% (2024 est.) note: annual % change in industrial value added based on constant local currency