Figure 2.7 | Global trends in SDG target 9.2： World MVA per capita (left) and proportion of manufacturing in world GDP and total employment (right)

In addition to value added, SDG target 9.2 also emphasizes employ- ing in total global employment. After peaking at 14.6 per cent in 2012, manufacturing employment has followed a steadily declining trend, falling to 14.1 per cent in 2023, the latest year with complete data. generate employment and support livelihoods. Regionally, trends in the proportion of manufacturing in GDP (9.2.1a) and in total employment (9.2.2) since the start of the century have var- and Oceania shows simultaneous growth in both indicators, suggest- ing a sustained path of industrialization. By 2023, this region achieved the world's highest shares in both value added and employment, po- sitioning it as a leader in industrial development. In contrast, Latin are experiencing deindustrialization, reflected in declining shares of manufacturing in both GDP and employment. Africa presents a more nuanced picture: while the manufacturing share in GDP is falling, the share in employment is rising, indicating shifts in production and