Manufacturing, value added in OECD members
OECD members: Manufacturing, value added was -1.0% in 2024. ◆ Volatile
Manufacturing, value added in OECD members, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, manufacturing, value added in OECD members stood at -1.0%.
Compared with earlier readings it is down 21.9% on the previous year and down 129.8% over ten years.
Over the whole period, manufacturing, value added in OECD members peaked at 10.3% in 2010 and was at its lowest, -12.8%, in 2009.
OECD members ranks 33rd of 33 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in OECD members, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1998 | 1.1% | — |
| 1999 | 2.4% | +117.4% |
| 2000 | 6.5% | +173.0% |
| 2001 | -0.0% | -100.2% |
| 2002 | 0.3% | -2383.6% |
| 2003 | 2.0% | +479.0% |
| 2004 | 4.1% | +102.2% |
| 2005 | 2.9% | -29.7% |
| 2006 | 5.2% | +81.0% |
| 2007 | 4.1% | -21.3% |
| 2008 | -0.8% | -118.8% |
| 2009 | -12.8% | +1574.2% |
| 2010 | 10.3% | -180.4% |
| 2011 | 3.0% | -70.8% |
| 2012 | 0.1% | -96.6% |
| 2013 | 0.3% | +184.6% |
| 2014 | 3.2% | +997.5% |
| 2015 | 3.1% | -3.8% |
| 2016 | 1.7% | -45.5% |
| 2017 | 3.7% | +119.8% |
| 2018 | 2.9% | -21.4% |
| 2019 | 0.4% | -86.0% |
| 2020 | -5.3% | -1408.5% |
| 2021 | 9.1% | -269.6% |
| 2022 | 3.3% | -63.8% |
| 2023 | -0.8% | -124.0% |
| 2024 | -1.0% | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.1% | 2.4% | 2 |
| 2000s | 1.1% | -12.8% | 6.5% | 10 |
| 2010s | 2.9% | 0.1% | 10.3% | 10 |
| 2020s | 1.1% | -5.3% | 9.1% | 5 |
Countries ranked near OECD members
- 30 Mali 7.8% compare
- 31 Uzbekistan 7.7% compare
- 32 Trinidad and Tobago 7.6% compare
- 33 Gambia 7.4% compare
- 34 Zambia 7.1% compare
- 35 Isle of Man 6.7% compare
- 36 Kazakhstan 6.4% compare
More economy & growth data for OECD members
- External balance on goods and services -0.1% (2025)
- Gross capital formation 0.8% (2024)
- Gross capital formation 22.5% (2024)
- Imports of goods and services 20.55 trillion current US$ (2025)
- Imports of goods and services 17.02 trillion constant 2015 US$ (2025)
- Imports of goods and services 3.8% (2025)
- Trade in services 14.9% (2025)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Manufacturing, value added 7.62 trillion constant 2015 US$ (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
Frequently asked questions
- What is manufacturing, value added in OECD members?
- Manufacturing, value added in OECD members was -1.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in OECD members?
- The highest recorded value was 10.3% in 2010.
- What is the lowest manufacturing, value added recorded in OECD members?
- The lowest recorded value was -12.8% in 2009.
- How does OECD members rank for manufacturing, value added?
- OECD members ranks 33rd out of 33 groups with data for 2024.
- Is manufacturing, value added rising or falling in OECD members?
- Over the last ten years it is down 129.8%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.