Manufacturing, value added (current US$) in Small states
Small states: Manufacturing, value added (current US$) was 24.33 billion current US$ in 2024. ▲ Rising
Manufacturing, value added in Small states, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Small states recorded 24.33 billion current US$ for manufacturing, value added in 2024.
The figure is up 3.7% on the previous year and up 24.5% over ten years.
Over the whole period, manufacturing, value added in Small states peaked at 24.76 billion current US$ in 2022 and was at its lowest, 8.36 billion current US$, in 1995.
Small states ranks 44th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Manufacturing, value added (current US$) in Small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 8.36 billion current US$ | — |
| 1996 | 8.63 billion current US$ | +3.3% |
| 1997 | 8.78 billion current US$ | +1.8% |
| 1998 | 8.90 billion current US$ | +1.3% |
| 1999 | 8.88 billion current US$ | -0.2% |
| 2000 | 9.30 billion current US$ | +4.8% |
| 2001 | 9.24 billion current US$ | -0.6% |
| 2002 | 9.77 billion current US$ | +5.7% |
| 2003 | 11.65 billion current US$ | +19.2% |
| 2004 | 13.21 billion current US$ | +13.4% |
| 2005 | 13.90 billion current US$ | +5.2% |
| 2006 | 15.57 billion current US$ | +12.0% |
| 2007 | 17.56 billion current US$ | +12.8% |
| 2008 | 19.52 billion current US$ | +11.1% |
| 2009 | 16.41 billion current US$ | -15.9% |
| 2010 | 17.85 billion current US$ | +8.8% |
| 2011 | 19.89 billion current US$ | +11.4% |
| 2012 | 19.31 billion current US$ | -2.9% |
| 2013 | 18.54 billion current US$ | -4.0% |
| 2014 | 19.54 billion current US$ | +5.4% |
| 2015 | 17.29 billion current US$ | -11.5% |
| 2016 | 17.90 billion current US$ | +3.6% |
| 2017 | 19.20 billion current US$ | +7.3% |
| 2018 | 20.75 billion current US$ | +8.1% |
| 2019 | 19.62 billion current US$ | -5.4% |
| 2020 | 18.66 billion current US$ | -4.9% |
| 2021 | 22.73 billion current US$ | +21.9% |
| 2022 | 24.76 billion current US$ | +8.9% |
| 2023 | 23.46 billion current US$ | -5.2% |
| 2024 | 24.33 billion current US$ | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.71 billion current US$ | 8.36 billion current US$ | 8.90 billion current US$ | 5 |
| 2000s | 13.61 billion current US$ | 9.24 billion current US$ | 19.52 billion current US$ | 10 |
| 2010s | 18.99 billion current US$ | 17.29 billion current US$ | 20.75 billion current US$ | 10 |
| 2020s | 22.79 billion current US$ | 18.66 billion current US$ | 24.76 billion current US$ | 5 |
Countries ranked near Small states
- 41 United Arab Emirates 51.77 billion current US$ compare
- 42 Romania 50.69 billion current US$ compare
- 43 Colombia 45.26 billion current US$ compare
- 44 Finland 45.15 billion current US$ compare
- 45 Portugal 39.16 billion current US$ compare
- 46 Kazakhstan 38.91 billion current US$ compare
- 47 Hungary 37.33 billion current US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (current US$), per 0.2055 current US$ per US$ of GDP (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)
- 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 (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 3,407 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is manufacturing, value added in Small states?
- Manufacturing, value added in Small states was 24.33 billion current 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 24.76 billion current US$ in 2022.
- What is the lowest manufacturing, value added recorded in Small states?
- The lowest recorded value was 8.36 billion current US$ in 1995.
- How does Small states rank for manufacturing, value added?
- Small states ranks 44th out of 47 groups with data for 2024.
- Is manufacturing, value added rising or falling in Small states?
- Over the last ten years it is up 24.5%. 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 (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.