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Who were the leading countries in Industrial production in 2017?

As per a survey conducted by WordBank, the global industries across the world share a considerate amount of percentage. And also shows the growth in the Industry 4.0. As the change shifted from Industry 3.0 to Industry 4.0. It can be observed that the change was accepted across different countries around the world.

Industrial production (billion US $)

The share value of China is 5.6%, US is 3.5%,Japan is 1.8%,Germany is 1.2%, India is 0.7%, Russia is 0.6%, Italy is 0.5%, UK is 0.5%, South Korea is 0.5% and Indonesia is 0.5%.

The survey result shows that China is holding the power in the transition from Industry 3.0 to Industry 4.0. And presenting itself as the most lucrative billion dollar market in the industrial production area. As compare to Germany that is the hub for Industrial domains and work.

Source:- Statista.

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