Manufacturing, value added in Small states
Small states: Manufacturing, value added was 19.20 billion constant 2015 US$ in 2024. ▲ Rising
Manufacturing, value added in Small states, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for manufacturing, value added in Small states is 19.20 billion constant 2015 US$, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 12.9% over ten years.
Over the whole period, manufacturing, value added in Small states peaked at 19.20 billion constant 2015 US$ in 2024 and was at its lowest, 10.14 billion constant 2015 US$, in 1995.
That places Small states 32nd out of 35 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Manufacturing, value added in Small states, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 10.14 billion constant 2015 US$ | — |
| 1996 | 10.48 billion constant 2015 US$ | +3.3% |
| 1997 | 11.09 billion constant 2015 US$ | +5.9% |
| 1998 | 11.46 billion constant 2015 US$ | +3.3% |
| 1999 | 11.41 billion constant 2015 US$ | -0.5% |
| 2000 | 12.20 billion constant 2015 US$ | +7.0% |
| 2001 | 12.60 billion constant 2015 US$ | +3.3% |
| 2002 | 12.88 billion constant 2015 US$ | +2.2% |
| 2003 | 13.49 billion constant 2015 US$ | +4.8% |
| 2004 | 13.99 billion constant 2015 US$ | +3.7% |
| 2005 | 14.55 billion constant 2015 US$ | +4.0% |
| 2006 | 15.47 billion constant 2015 US$ | +6.3% |
| 2007 | 16.29 billion constant 2015 US$ | +5.3% |
| 2008 | 16.66 billion constant 2015 US$ | +2.3% |
| 2009 | 15.44 billion constant 2015 US$ | -7.3% |
| 2010 | 16.31 billion constant 2015 US$ | +5.6% |
| 2011 | 16.71 billion constant 2015 US$ | +2.5% |
| 2012 | 16.60 billion constant 2015 US$ | -0.7% |
| 2013 | 16.63 billion constant 2015 US$ | +0.2% |
| 2014 | 17.01 billion constant 2015 US$ | +2.3% |
| 2015 | 17.29 billion constant 2015 US$ | +1.6% |
| 2016 | 17.58 billion constant 2015 US$ | +1.7% |
| 2017 | 17.99 billion constant 2015 US$ | +2.3% |
| 2018 | 18.72 billion constant 2015 US$ | +4.0% |
| 2019 | 18.93 billion constant 2015 US$ | +1.1% |
| 2020 | 18.01 billion constant 2015 US$ | -4.9% |
| 2021 | 18.77 billion constant 2015 US$ | +4.3% |
| 2022 | 18.87 billion constant 2015 US$ | +0.5% |
| 2023 | 18.59 billion constant 2015 US$ | -1.5% |
| 2024 | 19.20 billion constant 2015 US$ | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.91 billion constant 2015 US$ | 10.14 billion constant 2015 US$ | 11.46 billion constant 2015 US$ | 5 |
| 2000s | 14.36 billion constant 2015 US$ | 12.20 billion constant 2015 US$ | 16.66 billion constant 2015 US$ | 10 |
| 2010s | 17.38 billion constant 2015 US$ | 16.31 billion constant 2015 US$ | 18.93 billion constant 2015 US$ | 10 |
| 2020s | 18.69 billion constant 2015 US$ | 18.01 billion constant 2015 US$ | 19.20 billion constant 2015 US$ | 5 |
Countries ranked near Small states
- 29 Sweden 78.09 billion constant 2015 US$ compare
- 30 Austria 76.00 billion constant 2015 US$ compare
- 31 Argentina 73.55 billion constant 2015 US$ compare
- 32 Bangladesh 73.06 billion constant 2015 US$ compare
- 33 Egypt 64.38 billion constant 2015 US$ compare
- 34 Belgium 60.14 billion constant 2015 US$ compare
- 35 Israel 55.80 billion constant 2015 US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15.74 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.64 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$) 11.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0396 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is manufacturing, value added in Small states?
- Manufacturing, value added in Small states was 19.20 billion constant 2015 US$ 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 19.20 billion constant 2015 US$ in 2024.
- What is the lowest manufacturing, value added recorded in Small states?
- The lowest recorded value was 10.14 billion constant 2015 US$ in 1995.
- How does Small states rank for manufacturing, value added?
- Small states ranks 32nd out of 35 groups with data for 2024.
- Is manufacturing, value added rising or falling in Small states?
- Over the last ten years it is up 12.9%. The long-run trend across the full record is rising.
- 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 (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.