Moscow, July 19 (UNI) Russian industry has reportedly showed the highest growth among the top ten global economies: with its contribution to the total GDP increasing by 6%, and reaching $668 billion, as per Sputnik’s data analysis of the new World Bank report.
China holds the first position in the ranking, where the sector’s contribution to GDP increased by 2% in nominal terms and amounted to $6.8 trillion. The United States took second place with a 3% growth and totalling $5.1 trillion.
Germany closed the top three, becoming one of the few major economies where the indicator fell by 2.5%, adding up to $1.2 trillion. India took the third place, with an increased output of 4% in the manufacturing sector, totalling $957 billion, making it just a few shy of trillion.
Sixth place was taken by the United Kingdom, where the indicator grew to $610 billion, increasing by 3.5%. Mexico, took the seventh position whose production and economic output has shown a strong increase, reaching $586 billion.
In the last three countries of the top ten, industry’s contribution to the economy declined. In France, it decreased by 2% ($554.9 billion), in Saudi Arabia by 4% ($554.8 billion), and in Indonesia by 0.4% ($549 billion).
Overall, industry last year added $28.9 trillion to the global economy – compared to $28.5 trillion the year before, recording a marginal increase.
