European Union, member states and Agencies

Ananda

The Bunker Group
Beware of lists like that. You don't know where the figures come from, & sometimes they may not mean what they seem to.
The graphic that I shown calculate the output of the factory. It is not GDP or GNI calculation. That's why I put the factory output within each country own border. Granted any factory can have materials from import suppliers, but the production is being done on that factory.

The manufacturing data shown real manufacturing that happen in each countries, base on real manufacturing output (through the door output). Whether the output going to domestic or export market, both calculate. It is not talking whose own the factory (could be local or foreign investors), but the location of the factory and real manufacturing activities.

The data from World Bank, and the site only compile it to make better presentation. However WB data overall shown that tendencies of increase shifting manufacturing production to Global South.
 
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swerve

Super Moderator
The graphic that I shown calculate the output of the factory. It is not GDP or GNI calculation. That's why I put the factory output within each country own border. Granted any factory can have materials from import suppliers, but the production is being done on that factory.

The manufacturing data shown real manufacturing that happen in each countries, base on real manufacturing output (through the door output). Whether the output going to domestic or export market, both calculate. It is not talking whose own the factory (could be local or foreign investors), but the location of the factory and real manufacturing activities.

The data from World Bank,
Then it's wrongly quoted. The World Bank says that Irish manufacturing value added in 2024 was $157 bn, but that's on the same basis as the GDP being almost $600 billion. The World Bank also said it was $204 billion in 2022 - not 2024 - but there hasn't been a crash in the output of factories in Ireland. It's due to changes in allocation of incomes of companies. World Bank Open Data

It's an illustration of the problem I described. For example, according to the World Bank, manufacturing production in Ireland was $52.1 billion in 2014 & $105.4 billion in 2015. In reality, most of that increase was caused by a change in Apple's accounting. See Absolutely Fascinating - Apple's EU Tax Bill Explains Ireland's 26% GDP Rise

Divide those World Bank figures by manufacturing employment. Are Irish workers really over four times as productive per head as Germans? More than three times as productive as Swedes? Or Swiss? Well over twice as productive as any other country? No, they're not. Nor did their productivity double in 2015, or drop by 25% in 2023. The difference is in the flows of profits in big multinational companies, e.g. in pharmaceuticals, which operate in Switzerland. Profits are counted as valued added, & thus output.
 
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