Manufacturing, value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Manufacturing, value added was 384.91 billion current US$ in 2024. ◆ Volatile
Manufacturing, value added in Europe & Central Asia (excluding high income), 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Europe & Central Asia (excluding high income) recorded 384.91 billion current US$ for manufacturing, value added in 2024. That is the highest value across all 36 years on record.
The figure is up 5.3% on the previous year and up 43.3% over ten years.
Over the whole period, manufacturing, value added in Europe & Central Asia (excluding high income) peaked at 384.91 billion current US$ in 2024 and was at its lowest, 61.52 billion current US$, in 2001.
Europe & Central Asia (excluding high income) ranks 30th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Europe & Central Asia (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 71.22 billion current US$ | — |
| 1990 | 95.12 billion current US$ | +33.6% |
| 1991 | 97.22 billion current US$ | +2.2% |
| 1992 | 93.47 billion current US$ | -3.9% |
| 1993 | 77.87 billion current US$ | -16.7% |
| 1994 | 65.38 billion current US$ | -16.0% |
| 1995 | 99.86 billion current US$ | +52.7% |
| 1996 | 98.44 billion current US$ | -1.4% |
| 1997 | 103.08 billion current US$ | +4.7% |
| 1998 | 96.17 billion current US$ | -6.7% |
| 1999 | 80.87 billion current US$ | -15.9% |
| 2000 | 75.25 billion current US$ | -7.0% |
| 2001 | 61.52 billion current US$ | -18.2% |
| 2002 | 69.85 billion current US$ | +13.5% |
| 2003 | 90.35 billion current US$ | +29.3% |
| 2004 | 116.14 billion current US$ | +28.6% |
| 2005 | 143.33 billion current US$ | +23.4% |
| 2006 | 165.76 billion current US$ | +15.7% |
| 2007 | 204.23 billion current US$ | +23.2% |
| 2008 | 232.55 billion current US$ | +13.9% |
| 2009 | 175.92 billion current US$ | -24.4% |
| 2010 | 204.80 billion current US$ | +16.4% |
| 2011 | 242.55 billion current US$ | +18.4% |
| 2012 | 248.52 billion current US$ | +2.5% |
| 2013 | 272.92 billion current US$ | +9.8% |
| 2014 | 268.59 billion current US$ | -1.6% |
| 2015 | 235.68 billion current US$ | -12.3% |
| 2016 | 232.59 billion current US$ | -1.3% |
| 2017 | 235.81 billion current US$ | +1.4% |
| 2018 | 249.62 billion current US$ | +5.9% |
| 2019 | 247.44 billion current US$ | -0.9% |
| 2020 | 246.59 billion current US$ | -0.3% |
| 2021 | 315.77 billion current US$ | +28.1% |
| 2022 | 335.36 billion current US$ | +6.2% |
| 2023 | 365.54 billion current US$ | +9.0% |
| 2024 | 384.91 billion current US$ | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 71.22 billion current US$ | 71.22 billion current US$ | 71.22 billion current US$ | 1 |
| 1990s | 90.75 billion current US$ | 65.38 billion current US$ | 103.08 billion current US$ | 10 |
| 2000s | 133.49 billion current US$ | 61.52 billion current US$ | 232.55 billion current US$ | 10 |
| 2010s | 243.85 billion current US$ | 204.80 billion current US$ | 272.92 billion current US$ | 10 |
| 2020s | 329.63 billion current US$ | 246.59 billion current US$ | 384.91 billion current US$ | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 27 Iran, Islamic Republic of 97.86 billion current US$ compare
- 28 Australia 95.63 billion current US$ compare
- 29 Argentina 92.79 billion current US$ compare
- 30 Austria 88.24 billion current US$ compare
- 31 Denmark 86.66 billion current US$ compare
- 32 Sweden 83.31 billion current US$ compare
- 33 Belgium 81.04 billion current US$ compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Imports of goods and services 4.7% (2025)
- Gross fixed capital formation 7.7% (2025)
- Gross fixed capital formation 27.8% (2025)
- Gross capital formation 837.98 billion current US$ (2025)
- Gross capital formation 29.8% (2025)
- Imports of goods and services 922.80 billion current US$ (2025)
- Imports of goods and services 727.63 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 152.20 billion constant 2015 US$ (2025)
- GNI, Atlas method (current US$), annual growth rate 17.81 % change on previous year (2025)
- Trade 61.2% (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is manufacturing, value added in Europe & Central Asia (excluding high income)?
- Manufacturing, value added in Europe & Central Asia (excluding high income) was 384.91 billion current US$ 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 384.91 billion current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 61.52 billion current US$ in 2001.
- How does Europe & Central Asia (excluding high income) rank for manufacturing, value added?
- Europe & Central Asia (excluding high income) ranks 30th out of 47 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 43.3%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.