9.2.1 Manufacturing Value Added
Definition
The manufacturing sector’s contribution to a country’s total gross domestic product (GDP). Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs in manufacturing production.
Data Source(s)
Central Bank of Trinidad and Tobago Data Centre. Retrieved from “https://www.central-bank.org.tt/statistics/data-centre/output-annual“
9.2.1 Manufacturing Value Added in the Sustainable Development Goals
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9. Build resilient infrastructure, promote sustainable industrialization and foster innovation
Investments in infrastructure – transport, irrigation, energy and information and communication technology – are crucial to achieving sustainable development and empowering communities in many countries. It has long been recognized that growth in productivity and incomes, and improvements in health and education outcomes require investment in infrastructure.
Inclusive and sustainable industrial development is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides the technological solutions to environmentally sound industrialization.
Technological progress is the foundation of efforts to achieve environmental objectives, such as increased resource and energy-efficiency. Without technology and innovation, industrialization will not happen, and without industrialization, development will not happen.
Related 9.2.1 Manufacturing Value Added Targets
Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries
