World Tables Variables

MANUFACTURING ACTIVITY

Employment

The average number of employees or persons engaged during the year. For further information about these classifications, see Sources and Methods.

Real earnings per employee

Derived by deflating nominal earnings per employee data from UNIDO by the consumer price index.

Real output per employee

Presented as an index of overall labor productivity in manufacturing. To derive this indicator, UNIDO data on gross output per employee in current prices are adjusted using the implicit deflators for value added in manufacturing or in industry, taken from the World Bank's national account data files.

Earnings as % of value added

Derived by dividing total nominal earnings of employees by value added in current prices, to show labor's share in income generated in the manufacturing sector.