Value Added Deflator (Manufacturing) — Value US$, 2015 prices in India
India: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 95.64 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in India, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, value added deflator (manufacturing) — value us$, 2015 prices in India stood at 95.64 USD.
The figure is down 6.4% on the previous year and down 10.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in India peaked at 121.94 USD in 2011 and was at its lowest, 43.12 USD, in 1970.
That places India 173rd out of 203 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in India, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 43.12 USD | — |
| 1971 | 46.37 USD | +7.6% |
| 1972 | 48.91 USD | +5.5% |
| 1973 | 55.59 USD | +13.6% |
| 1974 | 66.33 USD | +19.3% |
| 1975 | 65.36 USD | -1.5% |
| 1976 | 62.16 USD | -4.9% |
| 1977 | 67.21 USD | +8.1% |
| 1978 | 74.46 USD | +10.8% |
| 1979 | 87.65 USD | +17.7% |
| 1980 | 100.97 USD | +15.2% |
| 1981 | 99.06 USD | -1.9% |
| 1982 | 94.64 USD | -4.5% |
| 1983 | 94.89 USD | +0.3% |
| 1984 | 89.26 USD | -5.9% |
| 1985 | 88.44 USD | -0.9% |
| 1986 | 89.58 USD | +1.3% |
| 1987 | 93 USD | +3.8% |
| 1988 | 94.71 USD | +1.8% |
| 1989 | 89.19 USD | -5.8% |
| 1990 | 90.15 USD | +1.1% |
| 1991 | 77.82 USD | -13.7% |
| 1992 | 75.58 USD | -2.9% |
| 1993 | 68.15 USD | -9.8% |
| 1994 | 73.27 USD | +7.5% |
| 1995 | 76.93 USD | +5.0% |
| 1996 | 73.11 USD | -5.0% |
| 1997 | 73.88 USD | +1.0% |
| 1998 | 68.83 USD | -6.8% |
| 1999 | 67.07 USD | -2.6% |
| 2000 | 67.84 USD | +1.2% |
| 2001 | 66.18 USD | -2.4% |
| 2002 | 65.97 USD | -0.3% |
| 2003 | 72.5 USD | +9.9% |
| 2004 | 79.83 USD | +10.1% |
| 2005 | 86.3 USD | +8.1% |
| 2006 | 90.5 USD | +4.9% |
| 2007 | 104.02 USD | +14.9% |
| 2008 | 107.8 USD | +3.6% |
| 2009 | 101.3 USD | -6.0% |
| 2010 | 118.85 USD | +17.3% |
| 2011 | 121.94 USD | +2.6% |
| 2012 | 112.65 USD | -7.6% |
| 2013 | 106.62 USD | -5.4% |
| 2014 | 104.01 USD | -2.4% |
| 2015 | 100 USD | -3.9% |
| 2016 | 96.19 USD | -3.8% |
| 2017 | 101.52 USD | +5.5% |
| 2018 | 100.49 USD | -1.0% |
| 2019 | 96.74 USD | -3.7% |
| 2020 | 92.44 USD | -4.4% |
| 2021 | 101.99 USD | +10.3% |
| 2022 | 102.22 USD | +0.2% |
| 2023 | 95.64 USD | -6.4% |
India compared with similar countries
- India's 95.64 USD is below the median for lower middle income countries, which is 110.13 USD, 87% of the median. (41 countries reporting)
- India's 95.64 USD is below the median for South Asia, which is 111.28 USD, 86% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.72 USD | 43.12 USD | 87.65 USD | 10 |
| 1980s | 93.37 USD | 88.44 USD | 100.97 USD | 10 |
| 1990s | 74.48 USD | 67.07 USD | 90.15 USD | 10 |
| 2000s | 84.22 USD | 65.97 USD | 107.8 USD | 10 |
| 2010s | 105.9 USD | 96.19 USD | 121.94 USD | 10 |
| 2020s | 98.07 USD | 92.44 USD | 102.22 USD | 4 |
Countries ranked near India
- 170 Kenya 96.16 USD compare
- 171 Netherlands Antilles (former) 95.99 USD compare
- 172 Switzerland 95.85 USD compare
- 174 Luxembourg 95.17 USD compare
- 175 Mali 94.9 USD compare
- 176 Grenada 94.89 USD compare
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in India?
- Value added deflator (manufacturing) — value us$, 2015 prices in India was 95.64 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in India?
- The highest recorded value was 121.94 USD in 2011.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in India?
- The lowest recorded value was 43.12 USD in 1970.
- How does India rank for value added deflator (manufacturing) — value us$, 2015 prices?
- India ranks 173rd out of 203 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in India?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).