Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR
China, Hong Kong SAR: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 2.78 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR stood at 2.78 % change on previous year.
Compared with earlier readings it is up 97.5% on the previous year and up 280.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR peaked at 17.76 % change on previous year in 1979 and was at its lowest, -17.75 % change on previous year, in 2007.
That places China, Hong Kong SAR 131st out of 209 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.62 % change on previous year | — |
| 1972 | 9.15 % change on previous year | +20.0% |
| 1973 | 14.26 % change on previous year | +55.9% |
| 1974 | 11.61 % change on previous year | -18.6% |
| 1975 | 4.46 % change on previous year | -61.6% |
| 1976 | 9.64 % change on previous year | +116.1% |
| 1977 | 3.86 % change on previous year | -60.0% |
| 1978 | 8.12 % change on previous year | +110.5% |
| 1979 | 17.76 % change on previous year | +118.7% |
| 1980 | 15.75 % change on previous year | -11.3% |
| 1981 | 10.62 % change on previous year | -32.6% |
| 1982 | 9.69 % change on previous year | -8.8% |
| 1983 | 4.6 % change on previous year | -52.5% |
| 1984 | 9.64 % change on previous year | +109.5% |
| 1985 | 5.36 % change on previous year | -44.4% |
| 1986 | 3.77 % change on previous year | -29.7% |
| 1987 | 8.61 % change on previous year | +128.4% |
| 1988 | 8.8 % change on previous year | +2.2% |
| 1989 | 12.56 % change on previous year | +42.7% |
| 1990 | 7.56 % change on previous year | -39.8% |
| 1991 | 9.14 % change on previous year | +20.8% |
| 1992 | 9.9 % change on previous year | +8.3% |
| 1993 | 8.61 % change on previous year | -13.0% |
| 1994 | 6.32 % change on previous year | -26.6% |
| 1995 | 4.14 % change on previous year | -34.5% |
| 1996 | 5.88 % change on previous year | +42.1% |
| 1997 | 5.76 % change on previous year | -2.1% |
| 1998 | 1.22 % change on previous year | -78.8% |
| 1999 | -4.1 % change on previous year | -435.7% |
| 2000 | -3.39 % change on previous year | -17.1% |
| 2001 | -4.17 % change on previous year | +22.7% |
| 2002 | -5.4 % change on previous year | +29.7% |
| 2003 | -4.74 % change on previous year | -12.2% |
| 2004 | -1.16 % change on previous year | -75.6% |
| 2005 | -1.1 % change on previous year | -4.6% |
| 2006 | -1.66 % change on previous year | +50.0% |
| 2007 | -17.75 % change on previous year | +971.2% |
| 2008 | 4.73 % change on previous year | -126.6% |
| 2009 | -0.7442 % change on previous year | -115.8% |
| 2010 | 2.48 % change on previous year | -433.1% |
| 2011 | -0.1818 % change on previous year | -107.3% |
| 2012 | 0.8685 % change on previous year | -577.7% |
| 2013 | -1.54 % change on previous year | -276.8% |
| 2014 | -7.16 % change on previous year | +366.2% |
| 2015 | -2.7 % change on previous year | -62.3% |
| 2016 | 0.925 % change on previous year | -134.2% |
| 2017 | 1.25 % change on previous year | +35.5% |
| 2018 | -0.2711 % change on previous year | -121.6% |
| 2019 | 6.06 % change on previous year | -2337.1% |
| 2020 | -7.7 % change on previous year | -226.9% |
| 2021 | -2.77 % change on previous year | -64.0% |
| 2022 | 1.41 % change on previous year | -150.7% |
| 2023 | 2.78 % change on previous year | +97.5% |
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +2337.1% | -0.2711 % change on previous year | 6.06 % change on previous year |
| 2007 | -971.2% | -1.66 % change on previous year | -17.75 % change on previous year |
| 2012 | +577.7% | -0.1818 % change on previous year | 0.8685 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.61 % change on previous year | 3.86 % change on previous year | 17.76 % change on previous year | 9 |
| 1980s | 8.94 % change on previous year | 3.77 % change on previous year | 15.75 % change on previous year | 10 |
| 1990s | 5.44 % change on previous year | -4.1 % change on previous year | 9.9 % change on previous year | 10 |
| 2000s | -3.54 % change on previous year | -17.75 % change on previous year | 4.73 % change on previous year | 10 |
| 2010s | -0.0257 % change on previous year | -7.16 % change on previous year | 6.06 % change on previous year | 10 |
| 2020s | -1.57 % change on previous year | -7.7 % change on previous year | 2.78 % change on previous year | 4 |
Countries ranked near China, Hong Kong SAR
- 128 Somalia 3.16 % change on previous year compare
- 129 Latvia 3.05 % change on previous year compare
- 130 Montserrat 2.98 % change on previous year compare
- 132 Philippines 2.54 % change on previous year compare
- 133 Grenada 2.54 % change on previous year compare
- 134 Eswatini 2.52 % change on previous year compare
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 1.87 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local -0.5334 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 6.48 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 6.83 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.54 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.54 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 2.42 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 3.17 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 2.42 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -0.2057 % change on previous year (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR?
- Value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR was 2.78 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The highest recorded value was 17.76 % change on previous year in 1979.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The lowest recorded value was -17.75 % change on previous year in 2007.
- How does China, Hong Kong SAR rank for value added deflator (manufacturing) — value standard local currency?
- China, Hong Kong SAR ranks 131st out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in China, Hong Kong SAR?
- Over the last ten years it is up 280.9%. The long-run trend across the full record is volatile.
- Where does this China, Hong Kong SAR data come from?
- The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.