Manufacturing, value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Manufacturing, value added was 2.7% in 2024. ◆ Volatile
Manufacturing, value added in Europe & Central Asia (excluding high income), 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Europe & Central Asia (excluding high income) recorded 2.7% for manufacturing, value added in 2024.
Compared with earlier readings it is down 44.4% on the previous year and down 21.8% over ten years.
Over the whole period, manufacturing, value added in Europe & Central Asia (excluding high income) peaked at 31.9% in 2018 and was at its lowest, -16.2%, in 1994.
That places Europe & Central Asia (excluding high income) 18th out of 35 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Europe & Central Asia (excluding high income), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1991 | -2.8% | — |
| 1992 | -2.5% | -11.1% |
| 1993 | -3.1% | +24.1% |
| 1994 | -16.2% | +423.8% |
| 1995 | 6.3% | -138.8% |
| 1996 | 4.9% | -21.3% |
| 1997 | 8.8% | +79.3% |
| 1998 | 0.8% | -90.6% |
| 1999 | -3.5% | -519.0% |
| 2000 | 8.0% | -328.9% |
| 2001 | -2.1% | -125.8% |
| 2002 | 5.8% | -380.9% |
| 2003 | 10.1% | +74.8% |
| 2004 | 12.5% | +23.9% |
| 2005 | 7.9% | -36.8% |
| 2006 | 9.0% | +14.5% |
| 2007 | 7.2% | -20.7% |
| 2008 | 0.4% | -94.5% |
| 2009 | -9.9% | -2630.0% |
| 2010 | 8.8% | -188.5% |
| 2011 | 14.7% | +67.6% |
| 2012 | 2.2% | -85.1% |
| 2013 | 6.8% | +210.4% |
| 2014 | 3.4% | -49.4% |
| 2015 | 2.4% | -31.6% |
| 2016 | 4.1% | +73.8% |
| 2017 | 7.5% | +83.5% |
| 2018 | 31.9% | +323.7% |
| 2019 | 1.6% | -94.8% |
| 2020 | 3.7% | +127.1% |
| 2021 | 13.3% | +257.5% |
| 2022 | 2.3% | -82.8% |
| 2023 | 4.8% | +111.0% |
| 2024 | 2.7% | -44.4% |
Biggest year-on-year movements
Years where Manufacturing, value added in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -2630.0% | 0.4% | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8% | -16.2% | 8.8% | 9 |
| 2000s | 4.9% | -9.9% | 12.5% | 10 |
| 2010s | 8.3% | 1.6% | 31.9% | 10 |
| 2020s | 5.4% | 2.3% | 13.3% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), annual -54.25 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is manufacturing, value added in Europe & Central Asia (excluding high income)?
- Manufacturing, value added in Europe & Central Asia (excluding high income) was 2.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 31.9% in 2018.
- What is the lowest manufacturing, value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was -16.2% in 1994.
- How does Europe & Central Asia (excluding high income) rank for manufacturing, value added?
- Europe & Central Asia (excluding high income) ranks 18th out of 35 groups with data for 2024.
- Is manufacturing, value added rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 21.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.