Global manufacturing output grew modestly by 0.4 per cent in the third quarter of 2024 on a quarter-over-quarter basis, following a stronger increase of nearly 1 per cent in the previous quarter.

During this period, manufacturing activity showed varying quarter-over-quarter growth rates across world regions. Latin America and the Caribbean led with a notable 1.7 per cent growth, which marks the first positive result since the second quarter of 2023. China’s manufacturing sector remained dynamic, attaining a 1.1 per cent increase.

Global manufacturing output showed signs of a significant acceleration during the second quarter of 2024. Indeed, global output increased by 1 per cent in quarter-over-quarter comparison, following a stalled production in the previous quarter.

Global production remained stationary during the first quarter of 2024, further extending the lukewarm performance registered since the second half of 2022. In the previous quarter, it recorded a moderate growth of 0.9 per cent.

On a more detailed level, industrializing economies have been able to increase their production level over the past years and reached a quarter-over-quarter output growth of 1.4 per cent, leaving behind industrial economies. The latter reported a stalled performance in the current quarter.

We are thrilled to announce the launch of our new UNIDO Statistics Portal, marking a significant milestone in our ongoing commitment to providing comprehensive and user-friendly access to industrial statistics.

Enhanced User Experience

The portal boasts a modern and intuitive design, enhancing both the visual appeal and functionality of our content. Our newly redesigned data browser offers a seamless and efficient way to navigate through extensive datasets, ensuring that users can find the information they need with ease.

Second technical workshop on nowcasting in international organizations

25-26 May 2022, 14:00 – 17:00 (CET)