Manufacturing, value added in North America
North America: Manufacturing, value added was 10.4% in 2021. ▼ Falling
Manufacturing, value added in North America, 1997–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2021, manufacturing, value added in North America stood at 10.4%.
The figure is up 0.6% on the previous year and down 11.3% over ten years.
Over the whole period, manufacturing, value added in North America peaked at 16.1% in 1997 and was at its lowest, 10.4%, in 2020.
That places North America 35th out of 47 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing, value added in North America, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 16.1% | — |
| 1998 | 15.8% | -1.7% |
| 1999 | 15.6% | -1.5% |
| 2000 | 15.3% | -2.0% |
| 2001 | 14.1% | -7.8% |
| 2002 | 13.6% | -3.3% |
| 2003 | 13.4% | -1.3% |
| 2004 | 13.3% | -1.1% |
| 2005 | 13.0% | -1.8% |
| 2006 | 13.0% | -0.5% |
| 2007 | 12.7% | -2.1% |
| 2008 | 12.1% | -4.9% |
| 2009 | 11.6% | -4.2% |
| 2010 | 11.7% | +1.5% |
| 2011 | 11.8% | +0.2% |
| 2012 | 11.7% | -0.6% |
| 2013 | 11.6% | -1.0% |
| 2014 | 11.4% | -1.3% |
| 2015 | 11.5% | +0.5% |
| 2016 | 11.1% | -3.6% |
| 2017 | 11.1% | +0.0% |
| 2018 | 11.2% | +1.0% |
| 2019 | 10.9% | -2.9% |
| 2020 | 10.4% | -4.5% |
| 2021 | 10.4% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.8% | 15.6% | 16.1% | 3 |
| 2000s | 13.2% | 11.6% | 15.3% | 10 |
| 2010s | 11.4% | 10.9% | 11.8% | 10 |
| 2020s | 10.4% | 10.4% | 10.4% | 2 |
Countries ranked near North America
More economy & growth data for North America
- Imports of goods and services 15.4% (2024)
- Gross capital formation 5.52 trillion constant 2015 US$ (2024)
- Gross capital formation 3.2% (2024)
- Gross capital formation 21.6% (2024)
- Imports of goods and services 4.86 trillion current US$ (2024)
- Imports of goods and services 4.34 trillion constant 2015 US$ (2024)
- Imports of goods and services 5.0% (2024)
- Industry (including construction), value added 4.69 trillion current US$ (2021)
- Services, value added 19.44 trillion current US$ (2021)
- Industry (including construction), value added 18.2% (2021)
Frequently asked questions
- What is manufacturing, value added in North America?
- Manufacturing, value added in North America was 10.4% in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in North America?
- The highest recorded value was 16.1% in 1997.
- What is the lowest manufacturing, value added recorded in North America?
- The lowest recorded value was 10.4% in 2020.
- How does North America rank for manufacturing, value added?
- North America ranks 35th out of 47 groups with data for 2021.
- Is manufacturing, value added rising or falling in North America?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is falling.
- Where does this North America 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 — 25 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.