Letizia Moratti· PPE

Confirmed

In twenty years, manufacturing has fallen below 15% of GDP

Omissions

• The claim does not specify the exact figure - World Bank data shows EU manufacturing at 14.2% in 2023 and Euro area at 13.83% in 2024
• The decline from around 16-17% in 2006 to below 15% represents a multi-year trend rather than a single threshold crossing event

Sources

• PrimaryWorld Bank - Manufacturing, value added (% of GDP) - European UnionEU manufacturing value added was 14.2% of GDP in 2023, declining from approximately 16.7% in 2006
• SecondaryTrading Economics - Euro Area Manufacturing Value Added (% of GDP)Euro area manufacturing value added was 13.83% of GDP in 2024, down from 16.04% in 2006