Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India

India: Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual was -6.44 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-6.44 % change on previous year
Change on year
down 2,871.6%
World rank
192nd
of 222 countries
All-time high
19.33 % change on previous year
in 1974
All-time low
-13.67 % change on previous year
in 1991
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India, 1971–2023

-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

India recorded -6.44 % change on previous year for value added deflator (manufacturing) — value us$, 2015 prices, annual in 2023.

Compared with earlier readings it is down 2,871.6% on the previous year and down 20.3% over ten years.

Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices, annual in India peaked at 19.33 % change on previous year in 1974 and was at its lowest, -13.67 % change on previous year, in 1991.

India ranks 192nd of 222 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India, year by year

Annual values for Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate in India, 1971 to 2023.
Year % change on previous year Change
1971 7.55 % change on previous year
1972 5.48 % change on previous year -27.5%
1973 13.65 % change on previous year +149.2%
1974 19.33 % change on previous year +41.6%
1975 -1.47 % change on previous year -107.6%
1976 -4.91 % change on previous year +234.7%
1977 8.13 % change on previous year -265.6%
1978 10.8 % change on previous year +32.8%
1979 17.71 % change on previous year +64.1%
1980 15.2 % change on previous year -14.2%
1981 -1.89 % change on previous year -112.5%
1982 -4.46 % change on previous year +135.5%
1983 0.2682 % change on previous year -106.0%
1984 -5.93 % change on previous year -2312.2%
1985 -0.922 % change on previous year -84.5%
1986 1.29 % change on previous year -240.0%
1987 3.82 % change on previous year +195.9%
1988 1.84 % change on previous year -51.9%
1989 -5.83 % change on previous year -417.4%
1990 1.07 % change on previous year -118.4%
1991 -13.67 % change on previous year -1377.5%
1992 -2.88 % change on previous year -78.9%
1993 -9.84 % change on previous year +241.5%
1994 7.53 % change on previous year -176.5%
1995 5 % change on previous year -33.6%
1996 -4.97 % change on previous year -199.5%
1997 1.05 % change on previous year -121.1%
1998 -6.84 % change on previous year -752.3%
1999 -2.56 % change on previous year -62.6%
2000 1.15 % change on previous year -145.1%
2001 -2.45 % change on previous year -312.4%
2002 -0.3084 % change on previous year -87.4%
2003 9.89 % change on previous year -3306.4%
2004 10.11 % change on previous year +2.3%
2005 8.11 % change on previous year -19.8%
2006 4.86 % change on previous year -40.0%
2007 14.94 % change on previous year +207.1%
2008 3.64 % change on previous year -75.7%
2009 -6.03 % change on previous year -265.9%
2010 17.33 % change on previous year -387.3%
2011 2.6 % change on previous year -85.0%
2012 -7.61 % change on previous year -393.1%
2013 -5.35 % change on previous year -29.7%
2014 -2.45 % change on previous year -54.3%
2015 -3.86 % change on previous year +57.7%
2016 -3.81 % change on previous year -1.2%
2017 5.54 % change on previous year -245.3%
2018 -1.01 % change on previous year -118.3%
2019 -3.73 % change on previous year +269.1%
2020 -4.45 % change on previous year +19.2%
2021 10.33 % change on previous year -332.3%
2022 0.2324 % change on previous year -97.7%
2023 -6.44 % change on previous year -2871.6%

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India 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.

YearChange FromTo
2003 +3306.4% -0.3084 % change on previous year 9.89 % change on previous year
2023 -2871.6% 0.2324 % change on previous year -6.44 % change on previous year
1984 -2312.2% 0.2682 % change on previous year -5.93 % change on previous year
1991 -1377.5% 1.07 % change on previous year -13.67 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.47 % change on previous year -4.91 % change on previous year 19.33 % change on previous year 9
1980s 0.3373 % change on previous year -5.93 % change on previous year 15.2 % change on previous year 10
1990s -2.61 % change on previous year -13.67 % change on previous year 7.53 % change on previous year 10
2000s 4.39 % change on previous year -6.03 % change on previous year 14.94 % change on previous year 10
2010s -0.2362 % change on previous year -7.61 % change on previous year 17.33 % change on previous year 10
2020s -0.0818 % change on previous year -6.44 % change on previous year 10.33 % change on previous year 4

Countries ranked near India

  1. 189 Singapore -5.92 % change on previous year compare
  2. 190 Luxembourg -6.17 % change on previous year compare
  3. 191 Cambodia -6.4 % change on previous year compare
  4. 193 Greenland -6.97 % change on previous year compare
  5. 194 Morocco -6.98 % change on previous year compare
  6. 195 Eritrea -7.13 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is value added deflator (manufacturing) — value us$, 2015 prices, annual in India?
Value added deflator (manufacturing) — value us$, 2015 prices, annual in India was -6.44 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in India?
The highest recorded value was 19.33 % change on previous year in 1974.
What is the lowest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in India?
The lowest recorded value was -13.67 % change on previous year in 1991.
How does India rank for value added deflator (manufacturing) — value us$, 2015 prices, annual?
India ranks 192nd out of 222 countries with data for 2023.
Is value added deflator (manufacturing) — value us$, 2015 prices, annual rising or falling in India?
Over the last ten years it is down 20.3%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-us-2015-prices-annual-growth-rate/india/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-us-2015-prices-annual-growth-rate/india/">Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in India</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 11,954 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.