Manufacturing, value added in Small states
Small states: Manufacturing, value added was 3.3% in 2024. ◆ Volatile
Manufacturing, value added in Small states, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for manufacturing, value added in Small states is 3.3%, measured in 2024.
Compared with earlier readings it is up 322.6% on the previous year and up 43.8% over ten years.
Over the whole period, manufacturing, value added in Small states peaked at 7.0% in 2000 and was at its lowest, -7.3%, in 2009.
Small states ranks 14th of 33 groups on this measure, 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 Small states, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 3.3% | — |
| 1997 | 5.9% | +78.3% |
| 1998 | 3.3% | -43.9% |
| 1999 | -0.5% | -114.1% |
| 2000 | 7.0% | -1597.2% |
| 2001 | 3.3% | -52.8% |
| 2002 | 2.2% | -32.8% |
| 2003 | 4.8% | +115.3% |
| 2004 | 3.7% | -21.7% |
| 2005 | 4.0% | +7.3% |
| 2006 | 6.3% | +58.0% |
| 2007 | 5.3% | -16.5% |
| 2008 | 2.3% | -56.8% |
| 2009 | -7.3% | -421.0% |
| 2010 | 5.6% | -176.8% |
| 2011 | 2.5% | -56.3% |
| 2012 | -0.7% | -126.8% |
| 2013 | 0.2% | -129.8% |
| 2014 | 2.3% | +1061.1% |
| 2015 | 1.6% | -28.2% |
| 2016 | 1.7% | +4.2% |
| 2017 | 2.3% | +36.4% |
| 2018 | 4.0% | +74.0% |
| 2019 | 1.1% | -72.0% |
| 2020 | -4.9% | -531.1% |
| 2021 | 4.3% | -187.4% |
| 2022 | 0.5% | -88.2% |
| 2023 | -1.5% | -392.3% |
| 2024 | 3.3% | -322.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.0% | -0.5% | 5.9% | 4 |
| 2000s | 3.1% | -7.3% | 7.0% | 10 |
| 2010s | 2.1% | -0.7% | 5.6% | 10 |
| 2020s | 0.3% | -4.9% | 4.3% | 5 |
Countries ranked near Small states
More economy & growth data for Small states
- Gross national expenditure 340.52 billion current US$ (2025)
- Households and NPISHs final consumption expenditure 57.1% (2025)
- Final consumption expenditure 262.00 billion current US$ (2025)
- Final consumption expenditure 196.75 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.5% (2025)
- Exports of goods and services 252.77 billion current US$ (2025)
- Exports of goods and services 3.1% (2025)
- Exports of goods and services 206.38 billion constant 2015 US$ (2025)
- Manufacturing, value added 7.8% (2024)
- Gross national expenditure 253.87 billion constant 2015 US$ (2025)
Frequently asked questions
- What is manufacturing, value added in Small states?
- Manufacturing, value added in Small states was 3.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Small states?
- The highest recorded value was 7.0% in 2000.
- What is the lowest manufacturing, value added recorded in Small states?
- The lowest recorded value was -7.3% in 2009.
- How does Small states rank for manufacturing, value added?
- Small states ranks 14th out of 33 groups with data for 2024.
- Is manufacturing, value added rising or falling in Small states?
- Over the last ten years it is up 43.8%. The long-run trend across the full record is volatile.
- Where does this Small states 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.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.