Manufacturing, value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Manufacturing, value added was 457.79 billion constant 2015 US$ in 2024. ◆ Volatile
Manufacturing, value added in Europe & Central Asia (excluding high income), 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for manufacturing, value added in Europe & Central Asia (excluding high income) is 457.79 billion constant 2015 US$, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 2.7% on the previous year and up 98.8% over ten years.
Over the whole period, manufacturing, value added in Europe & Central Asia (excluding high income) peaked at 457.79 billion constant 2015 US$ in 2024 and was at its lowest, 87.57 billion constant 2015 US$, in 1994.
Europe & Central Asia (excluding high income) ranks 16th of 35 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Europe & Central Asia (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 113.72 billion constant 2015 US$ | — |
| 1991 | 110.54 billion constant 2015 US$ | -2.8% |
| 1992 | 107.79 billion constant 2015 US$ | -2.5% |
| 1993 | 104.46 billion constant 2015 US$ | -3.1% |
| 1994 | 87.57 billion constant 2015 US$ | -16.2% |
| 1995 | 93.06 billion constant 2015 US$ | +6.3% |
| 1996 | 97.65 billion constant 2015 US$ | +4.9% |
| 1997 | 106.28 billion constant 2015 US$ | +8.8% |
| 1998 | 107.16 billion constant 2015 US$ | +0.8% |
| 1999 | 103.43 billion constant 2015 US$ | -3.5% |
| 2000 | 111.67 billion constant 2015 US$ | +8.0% |
| 2001 | 109.38 billion constant 2015 US$ | -2.1% |
| 2002 | 115.69 billion constant 2015 US$ | +5.8% |
| 2003 | 127.38 billion constant 2015 US$ | +10.1% |
| 2004 | 143.31 billion constant 2015 US$ | +12.5% |
| 2005 | 154.63 billion constant 2015 US$ | +7.9% |
| 2006 | 168.62 billion constant 2015 US$ | +9.0% |
| 2007 | 180.72 billion constant 2015 US$ | +7.2% |
| 2008 | 181.43 billion constant 2015 US$ | +0.4% |
| 2009 | 163.43 billion constant 2015 US$ | -9.9% |
| 2010 | 177.77 billion constant 2015 US$ | +8.8% |
| 2011 | 203.93 billion constant 2015 US$ | +14.7% |
| 2012 | 208.40 billion constant 2015 US$ | +2.2% |
| 2013 | 222.58 billion constant 2015 US$ | +6.8% |
| 2014 | 230.25 billion constant 2015 US$ | +3.4% |
| 2015 | 235.68 billion constant 2015 US$ | +2.4% |
| 2016 | 245.34 billion constant 2015 US$ | +4.1% |
| 2017 | 263.78 billion constant 2015 US$ | +7.5% |
| 2018 | 347.81 billion constant 2015 US$ | +31.9% |
| 2019 | 353.53 billion constant 2015 US$ | +1.6% |
| 2020 | 366.72 billion constant 2015 US$ | +3.7% |
| 2021 | 415.63 billion constant 2015 US$ | +13.3% |
| 2022 | 425.17 billion constant 2015 US$ | +2.3% |
| 2023 | 445.77 billion constant 2015 US$ | +4.8% |
| 2024 | 457.79 billion constant 2015 US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 103.16 billion constant 2015 US$ | 87.57 billion constant 2015 US$ | 113.72 billion constant 2015 US$ | 10 |
| 2000s | 145.62 billion constant 2015 US$ | 109.38 billion constant 2015 US$ | 181.43 billion constant 2015 US$ | 10 |
| 2010s | 248.91 billion constant 2015 US$ | 177.77 billion constant 2015 US$ | 353.53 billion constant 2015 US$ | 10 |
| 2020s | 422.22 billion constant 2015 US$ | 366.72 billion constant 2015 US$ | 457.79 billion constant 2015 US$ | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 13 Switzerland 190.70 billion constant 2015 US$ compare
- 14 Brazil 187.91 billion constant 2015 US$ compare
- 15 Canada 158.25 billion constant 2015 US$ compare
- 16 Spain 157.52 billion constant 2015 US$ compare
- 17 Uzbekistan 142.38 billion constant 2015 US$ compare
- 18 Saudi Arabia 131.35 billion constant 2015 US$ compare
- 19 Poland 117.89 billion constant 2015 US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Services, value added 1.62 trillion current US$ (2025)
- Services, value added (current US$), annual growth rate 17.34 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.575 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 719.51 billion current US$ (2025)
- Industry (including construction), value added 633.42 billion constant 2015 US$ (2024)
- Industry (including construction), value added 3.6% (2024)
- Industry (including construction), value added 25.6% (2025)
- Services, value added (current US$), per capita 6,393 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.48 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 4,868 constant 2015 US$ per person (2024)
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 457.79 billion constant 2015 US$ 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 457.79 billion constant 2015 US$ in 2024.
- What is the lowest manufacturing, value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 87.57 billion constant 2015 US$ in 1994.
- How does Europe & Central Asia (excluding high income) rank for manufacturing, value added?
- Europe & Central Asia (excluding high income) ranks 16th 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 up 98.8%. 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.