China, Macao SAR vs Western Europe: Value Added (Total Manufacturing) — Value US$, annual growth rate

China, Macao SAR
49.08 % change on previous year
in 2023
Western Europe
9.73 % change on previous year
in 2023
China, Macao SAR rank
5th
Western Europe rank
3rd

Value Added (Total Manufacturing) — Value US$, annual growth rate over time

  • China, Macao SAR
  • Western Europe
-2002040197119972023

How they compare

China, Macao SAR currently reports 49.08 % change on previous year against 9.73 % change on previous year in Western Europe, a difference of 39.35 % change on previous year.

That makes China, Macao SAR's figure about 5.0 times Western Europe's.

The two have swapped places 22 times across 53 shared years of data; in 1971 it was China, Macao SAR ahead.

China, Macao SAR ranks 5th and Western Europe ranks 3rd of 236 countries.

Across the 6 decades both report, China, Macao SAR averaged higher in 5 and Western Europe in 1.

Head to head by decade

Decade China, Macao SAR Western Europe Difference Ahead
1970s 20.16 % change on previous year 15.79 % change on previous year 4.37 % change on previous year China, Macao SAR
1980s 11.94 % change on previous year 4.99 % change on previous year 6.95 % change on previous year China, Macao SAR
1990s 4.08 % change on previous year 2.92 % change on previous year 1.16 % change on previous year China, Macao SAR
2000s -6.84 % change on previous year 4.1 % change on previous year 10.95 % change on previous year Western Europe
2010s 4.1 % change on previous year 1.81 % change on previous year 2.29 % change on previous year China, Macao SAR
2020s 8.35 % change on previous year 3.15 % change on previous year 5.2 % change on previous year China, Macao SAR

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value added (total manufacturing) — value us$, annual growth rate, China, Macao SAR or Western Europe?
China, Macao SAR, at 49.08 % change on previous year against 9.73 % change on previous year in Western Europe as of 2023.
What is the difference in value added (total manufacturing) — value us$, annual growth rate between China, Macao SAR and Western Europe?
39.35 % change on previous year, with China, Macao SAR ahead.
How many years of comparable data are there for China, Macao SAR and Western Europe?
53 years are reported by both, from 1971 to 2023.
How do China, Macao SAR and Western Europe rank globally for value added (total manufacturing) — value us$, annual growth rate?
China, Macao SAR ranks 5th and Western Europe ranks 3rd of 236 countries.
Where does this data come from?
Statizoid (derived), published as Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China, Macao SAR vs Western Europe: Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/value-added-total-manufacturing-value-us-annual-growth-rate/china-macao-sar/western-europe/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.