Value Added Deflator (Manufacturing) — Value Standard Local Currency in South Africa
South Africa: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 10.26 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in South Africa, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in South Africa stood at 10.26 % change on previous year.
The figure is up 60.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in South Africa peaked at 23.09 % change on previous year in 1980 and was at its lowest, -5.52 % change on previous year, in 2006.
South Africa ranks 46th of 209 countries on this measure, in the top quarter.
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 South Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.3676 % change on previous year | — |
| 1972 | 5.56 % change on previous year | +1411.7% |
| 1973 | 14.6 % change on previous year | +162.6% |
| 1974 | 12.33 % change on previous year | -15.5% |
| 1975 | 17.86 % change on previous year | +44.8% |
| 1976 | 11.39 % change on previous year | -36.2% |
| 1977 | 5.24 % change on previous year | -54.0% |
| 1978 | 5.39 % change on previous year | +2.8% |
| 1979 | 14.66 % change on previous year | +172.1% |
| 1980 | 23.09 % change on previous year | +57.5% |
| 1981 | 17.17 % change on previous year | -25.6% |
| 1982 | 16.78 % change on previous year | -2.3% |
| 1983 | 15.86 % change on previous year | -5.5% |
| 1984 | 7.09 % change on previous year | -55.3% |
| 1985 | 12.63 % change on previous year | +78.1% |
| 1986 | 17.89 % change on previous year | +41.7% |
| 1987 | 16.89 % change on previous year | -5.6% |
| 1988 | 14.31 % change on previous year | -15.3% |
| 1989 | 19.89 % change on previous year | +39.0% |
| 1990 | 19.01 % change on previous year | -4.4% |
| 1991 | 16.9 % change on previous year | -11.1% |
| 1992 | 11.89 % change on previous year | -29.6% |
| 1993 | 10.24 % change on previous year | -13.9% |
| 1994 | 8.43 % change on previous year | -17.7% |
| 1995 | 8.48 % change on previous year | +0.5% |
| 1996 | 5.99 % change on previous year | -29.4% |
| 1997 | 6.15 % change on previous year | +2.6% |
| 1998 | 5.63 % change on previous year | -8.4% |
| 1999 | 4.29 % change on previous year | -23.9% |
| 2000 | 7.75 % change on previous year | +80.8% |
| 2001 | 7.67 % change on previous year | -1.1% |
| 2002 | 13.73 % change on previous year | +79.1% |
| 2003 | 7.88 % change on previous year | -42.6% |
| 2004 | 2.77 % change on previous year | -64.8% |
| 2005 | 1.07 % change on previous year | -61.3% |
| 2006 | -5.52 % change on previous year | -614.9% |
| 2007 | 7.19 % change on previous year | -230.2% |
| 2008 | 9.95 % change on previous year | +38.4% |
| 2009 | 11.27 % change on previous year | +13.3% |
| 2010 | -1.36 % change on previous year | -112.1% |
| 2011 | -1.93 % change on previous year | +42.1% |
| 2012 | 1.9 % change on previous year | -198.2% |
| 2013 | 6.38 % change on previous year | +236.5% |
| 2014 | 8.54 % change on previous year | +33.8% |
| 2015 | 7.46 % change on previous year | -12.7% |
| 2016 | 6.89 % change on previous year | -7.7% |
| 2017 | 7.14 % change on previous year | +3.7% |
| 2018 | 3.57 % change on previous year | -50.0% |
| 2019 | 5.15 % change on previous year | +44.1% |
| 2020 | 6.31 % change on previous year | +22.5% |
| 2021 | 6 % change on previous year | -4.9% |
| 2022 | 10.25 % change on previous year | +70.9% |
| 2023 | 10.26 % change on previous year | +0.0% |
South Africa compared with similar countries
- South Africa's 10.26 % change on previous year is above the median for upper middle income countries, which is 3.77 % change on previous year, 2.7× the median. (51 countries reporting)
- South Africa's 10.26 % change on previous year is above the median for Sub-Saharan Africa, which is 5.41 % change on previous year, 1.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in South Africa 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 |
|---|---|---|---|
| 1972 | +1411.7% | 0.3676 % change on previous year | 5.56 % change on previous year |
| 2006 | -614.9% | 1.07 % change on previous year | -5.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.71 % change on previous year | 0.3676 % change on previous year | 17.86 % change on previous year | 9 |
| 1980s | 16.16 % change on previous year | 7.09 % change on previous year | 23.09 % change on previous year | 10 |
| 1990s | 9.7 % change on previous year | 4.29 % change on previous year | 19.01 % change on previous year | 10 |
| 2000s | 6.38 % change on previous year | -5.52 % change on previous year | 13.73 % change on previous year | 10 |
| 2010s | 4.37 % change on previous year | -1.93 % change on previous year | 8.54 % change on previous year | 10 |
| 2020s | 8.2 % change on previous year | 6 % change on previous year | 10.26 % change on previous year | 4 |
Countries ranked near South Africa
- 43 Uzbekistan 11.01 % change on previous year compare
- 44 Mauritania 10.89 % change on previous year compare
- 45 Guinea-Bissau 10.54 % change on previous year compare
- 47 New Zealand 10.19 % change on previous year compare
- 48 Denmark 10.16 % change on previous year compare
- 49 Norway 10.1 % change on previous year compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in South Africa?
- Value added deflator (manufacturing) — value standard local currency in South Africa was 10.26 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in South Africa?
- The highest recorded value was 23.09 % change on previous year in 1980.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in South Africa?
- The lowest recorded value was -5.52 % change on previous year in 2006.
- How does South Africa rank for value added deflator (manufacturing) — value standard local currency?
- South Africa ranks 46th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in South Africa?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is volatile.
- Where does this South Africa 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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CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.