Manufacturing, value added in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Manufacturing, value added was 15.7% in 2024. ▼ Falling
Manufacturing, value added in Europe & Central Asia (excluding high income), 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for manufacturing, value added in Europe & Central Asia (excluding high income) is 15.7%, measured in 2024.
Compared with earlier readings it is down 8.1% on the previous year and up 1.9% over ten years.
Over the whole period, manufacturing, value added in Europe & Central Asia (excluding high income) peaked at 28.5% in 1991 and was at its lowest, 14.7%, in 2010.
Europe & Central Asia (excluding high income) ranks 15th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Manufacturing, value added in Europe & Central Asia (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1989 | 24.1% | — |
| 1990 | 26.9% | +11.6% |
| 1991 | 28.5% | +6.1% |
| 1992 | 28.5% | -0.2% |
| 1993 | 23.0% | -19.3% |
| 1994 | 24.6% | +7.2% |
| 1995 | 26.7% | +8.6% |
| 1996 | 24.9% | -6.8% |
| 1997 | 24.5% | -1.6% |
| 1998 | 22.8% | -6.9% |
| 1999 | 21.0% | -7.8% |
| 2000 | 19.2% | -8.6% |
| 2001 | 18.3% | -4.7% |
| 2002 | 17.9% | -2.4% |
| 2003 | 18.1% | +1.4% |
| 2004 | 18.1% | -0.2% |
| 2005 | 17.9% | -0.9% |
| 2006 | 17.8% | -0.6% |
| 2007 | 17.4% | -2.2% |
| 2008 | 16.6% | -4.9% |
| 2009 | 15.0% | -9.3% |
| 2010 | 14.7% | -2.1% |
| 2011 | 15.3% | +4.2% |
| 2012 | 14.9% | -2.8% |
| 2013 | 15.0% | +0.7% |
| 2014 | 15.4% | +2.5% |
| 2015 | 15.5% | +0.7% |
| 2016 | 15.9% | +2.9% |
| 2017 | 15.7% | -1.2% |
| 2018 | 17.0% | +8.2% |
| 2019 | 16.5% | -3.2% |
| 2020 | 17.2% | +4.2% |
| 2021 | 18.9% | +10.1% |
| 2022 | 18.4% | -2.5% |
| 2023 | 17.1% | -7.4% |
| 2024 | 15.7% | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.1% | 24.1% | 24.1% | 1 |
| 1990s | 25.1% | 21.0% | 28.5% | 10 |
| 2000s | 17.7% | 15.0% | 19.2% | 10 |
| 2010s | 15.6% | 14.7% | 17.0% | 10 |
| 2020s | 17.5% | 15.7% | 18.9% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 12 Bangladesh 22.4% compare
- 13 Equatorial Guinea 22.3% compare
- 14 Malaysia 22.1% compare
- 15 Uzbekistan 20.8% compare
- 16 Iran, Islamic Republic of 20.6% compare
- 17 Belarus 20.5% compare
- 18 Turkmenistan 20.5% compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 16.87 % change on previous year (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 15.7% 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 28.5% in 1991.
- What is the lowest manufacturing, value added recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 14.7% in 2010.
- How does Europe & Central Asia (excluding high income) rank for manufacturing, value added?
- Europe & Central Asia (excluding high income) ranks 15th 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 1.9%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.