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EU industrial structure - EU Bookshop - Europa

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<strong>EU</strong> <strong>industrial</strong> <strong>structure</strong> 2011 — Trends and Performance<br />

FIgURE III.1: Value added — average annual growth rate in the <strong>EU</strong> in 1995 – 2009 (%)<br />

58<br />

Electrical and optical equipment<br />

Transport and communication<br />

Health and social work<br />

Financial intermediation<br />

Chemicals<br />

Real estate and business activities<br />

Education<br />

Rubber and plastics<br />

Wholesale and retail trade<br />

Transport equipment<br />

Machinery n.e.c.<br />

Other services<br />

Total<br />

Basic metals and metal products<br />

Manufacturing<br />

Hotels and restaurants<br />

Activities of households<br />

Non-metallic mineral products<br />

Other mining<br />

Pulp, paper and publishing<br />

Construction<br />

Other manufacturing<br />

Agriculture, hunting and forestry<br />

Wood and wood products<br />

Electricity, gas and water supply<br />

Food, drinks and tobacco<br />

Rened petroleum<br />

Fishing<br />

Textiles and clothing<br />

Public administration<br />

Mining and quarrying<br />

Mining of energy products<br />

Leather and footwear<br />

Note: Growth rates refer to value added in constant prices.<br />

Source: own calculations using Eurostat data.<br />

In analyses of growth in terms of production it should<br />

be taken into account that production differs from value<br />

added since intermediate consumption is included.<br />

Production measurements in real terms are only available<br />

for manufacturing sectors in the data sources used in this<br />

publication. <strong>EU</strong> average annual production growth rates<br />

in 1995‑2010 are very different across sectors. Growth<br />

in the more ‘traditional’ and labour‑intensive sectors<br />

declined more than in other sectors. Declining annual<br />

-4 -3 -2 -1 0 1 2 3 4 5 6 7 8<br />

production growth rates in 1995‑2010 can be witnessed in<br />

leather and footwear, clothing, tobacco and textiles where<br />

growth declined on average by between 2.5 % and 5 %<br />

in 1995‑2009. Conversely, the highest growing sectors<br />

tend to be more capital‑intensive. Average production<br />

growth in 1995‑2010 was the highest in pharmaceuticals,<br />

computer, electronic and optical products and in motor<br />

vehicles where growth increased by between 3 %<br />

and 5.4 %, cf. Figure III.2.

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