Manufacturing, value added in OECD members
OECD members: Manufacturing, value added was 12.4% in 2022. ▼ Falling
Manufacturing, value added in OECD members, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2022, manufacturing, value added in OECD members stood at 12.4%. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 6.3% on the previous year and down 11.5% over ten years.
Over the whole period, manufacturing, value added in OECD members peaked at 18.1% in 1997 and was at its lowest, 12.4%, in 2022.
That places OECD members 29th out of 45 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Manufacturing, value added in OECD members, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 18.1% | — |
| 1998 | 17.7% | -2.3% |
| 1999 | 17.4% | -1.7% |
| 2000 | 17.3% | -0.4% |
| 2001 | 16.3% | -5.7% |
| 2002 | 15.8% | -3.1% |
| 2003 | 15.6% | -1.3% |
| 2004 | 15.5% | -0.6% |
| 2005 | 15.2% | -1.7% |
| 2006 | 15.1% | -0.8% |
| 2007 | 15.0% | -0.8% |
| 2008 | 14.6% | -3.0% |
| 2009 | 13.6% | -6.6% |
| 2010 | 14.2% | +4.4% |
| 2011 | 14.2% | -0.2% |
| 2012 | 14.0% | -0.9% |
| 2013 | 13.8% | -2.0% |
| 2014 | 13.8% | -0.1% |
| 2015 | 13.9% | +1.4% |
| 2016 | 13.9% | -0.7% |
| 2017 | 13.8% | -0.1% |
| 2018 | 13.9% | +0.1% |
| 2019 | 13.5% | -2.3% |
| 2020 | 13.2% | -2.3% |
| 2021 | 13.3% | +0.4% |
| 2022 | 12.4% | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.7% | 17.4% | 18.1% | 3 |
| 2000s | 15.4% | 13.6% | 17.3% | 10 |
| 2010s | 13.9% | 13.5% | 14.2% | 10 |
| 2020s | 13.0% | 12.4% | 13.3% | 3 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Gross capital formation 12.80 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 15.18 trillion current US$ (2024)
- Gross fixed capital formation 12.72 trillion constant 2015 US$ (2024)
- Gross fixed capital formation 1.0% (2024)
- Gross fixed capital formation 22.2% (2024)
- Gross capital formation 15.34 trillion current US$ (2024)
- Imports of goods and services 20.55 trillion current US$ (2025)
- Imports of goods and services 3.8% (2025)
- Imports of goods and services 17.02 trillion constant 2015 US$ (2025)
- Exports of goods and services 28.3% (2025)
Frequently asked questions
- What is manufacturing, value added in OECD members?
- Manufacturing, value added in OECD members was 12.4% 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 18.1% in 1997.
- What is the lowest manufacturing, value added recorded in OECD members?
- The lowest recorded value was 12.4% in 2022.
- How does OECD members rank for manufacturing, value added?
- OECD members ranks 29th out of 45 groups with data for 2022.
- Is manufacturing, value added rising or falling in OECD members?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 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.