Manufacturing, value added (current US$) in OECD members
OECD members: Manufacturing, value added (current US$) was 7.62 trillion current US$ in 2022. ▲ Rising
Manufacturing, value added in OECD members, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in OECD members is 7.62 trillion current US$, measured in 2022.
The figure is down 3.8% on the previous year and up 10.9% over ten years.
Over the whole period, manufacturing, value added in OECD members peaked at 7.92 trillion current US$ in 2021 and was at its lowest, 4.49 trillion current US$, in 2001.
OECD members ranks 7th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Manufacturing, value added (current US$) in OECD members, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 4.65 trillion current US$ | — |
| 1998 | 4.57 trillion current US$ | -1.7% |
| 1999 | 4.72 trillion current US$ | +3.3% |
| 2000 | 4.81 trillion current US$ | +1.9% |
| 2001 | 4.49 trillion current US$ | -6.6% |
| 2002 | 4.54 trillion current US$ | +1.1% |
| 2003 | 5.01 trillion current US$ | +10.3% |
| 2004 | 5.54 trillion current US$ | +10.6% |
| 2005 | 5.76 trillion current US$ | +4.0% |
| 2006 | 6.03 trillion current US$ | +4.7% |
| 2007 | 6.55 trillion current US$ | +8.6% |
| 2008 | 6.75 trillion current US$ | +3.0% |
| 2009 | 5.90 trillion current US$ | -12.6% |
| 2010 | 6.46 trillion current US$ | +9.5% |
| 2011 | 6.94 trillion current US$ | +7.4% |
| 2012 | 6.87 trillion current US$ | -1.0% |
| 2013 | 6.83 trillion current US$ | -0.6% |
| 2014 | 6.98 trillion current US$ | +2.1% |
| 2015 | 6.67 trillion current US$ | -4.3% |
| 2016 | 6.76 trillion current US$ | +1.3% |
| 2017 | 7.05 trillion current US$ | +4.3% |
| 2018 | 7.47 trillion current US$ | +6.0% |
| 2019 | 7.38 trillion current US$ | -1.3% |
| 2020 | 7.05 trillion current US$ | -4.4% |
| 2021 | 7.92 trillion current US$ | +12.3% |
| 2022 | 7.62 trillion current US$ | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.65 trillion current US$ | 4.57 trillion current US$ | 4.72 trillion current US$ | 3 |
| 2000s | 5.54 trillion current US$ | 4.49 trillion current US$ | 6.75 trillion current US$ | 10 |
| 2010s | 6.94 trillion current US$ | 6.46 trillion current US$ | 7.47 trillion current US$ | 10 |
| 2020s | 7.53 trillion current US$ | 7.05 trillion current US$ | 7.92 trillion current US$ | 3 |
Countries ranked near OECD members
- 4 Japan 788.45 billion current US$ compare
- 5 India 532.92 billion current US$ compare
- 6 South Korea 513.52 billion current US$ compare
- 7 Italy 382.77 billion current US$ compare
- 8 Mexico 366.08 billion current US$ compare
- 9 Russia 349.77 billion current US$ compare
- 10 France 319.34 billion current US$ compare
More economy & growth data for OECD members
- Gross national expenditure (current US$), annual growth rate 4.19 % change on previous year (2024)
- GDP (current US$), annual growth rate 6.24 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9988 current US$ per US$ of GDP (2024)
- GDP (current US$), per capita 51,734 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.77 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 41,261 constant 2015 US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per capita 31,800 constant 2015 US$ per person (2024)
- Gross domestic savings (current US$), annual growth rate 3.16 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 40,416 current US$ per person (2021)
- GDP (constant 2015 US$), per unit of GDP 0.7976 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is manufacturing, value added in OECD members?
- Manufacturing, value added in OECD members was 7.62 trillion current US$ in 2022, 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 7.92 trillion current US$ in 2021.
- What is the lowest manufacturing, value added recorded in OECD members?
- The lowest recorded value was 4.49 trillion current US$ in 2001.
- How does OECD members rank for manufacturing, value added?
- OECD members ranks 7th out of 47 groups with data for 2022.
- Is manufacturing, value added rising or falling in OECD members?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- 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 (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.