Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Africa
Western Africa: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 118.91 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Africa, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, value added deflator (manufacturing) — value us$, 2015 prices in Western Africa stood at 118.91 USD.
The figure is down 6.7% on the previous year and up 5.2% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Western Africa peaked at 154.16 USD in 1983 and was at its lowest, 34.7 USD, in 1970.
That places Western Africa 11th out of 25 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Africa, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 34.7 USD | — |
| 1971 | 36.94 USD | +6.5% |
| 1972 | 41.07 USD | +11.2% |
| 1973 | 42.04 USD | +2.3% |
| 1974 | 55.15 USD | +31.2% |
| 1975 | 78.53 USD | +42.4% |
| 1976 | 84.71 USD | +7.9% |
| 1977 | 83.28 USD | -1.7% |
| 1978 | 86.99 USD | +4.5% |
| 1979 | 98.8 USD | +13.6% |
| 1980 | 110.39 USD | +11.7% |
| 1981 | 100.95 USD | -8.6% |
| 1982 | 113.67 USD | +12.6% |
| 1983 | 154.16 USD | +35.6% |
| 1984 | 137.88 USD | -10.6% |
| 1985 | 148.8 USD | +7.9% |
| 1986 | 97.21 USD | -34.7% |
| 1987 | 52.92 USD | -45.6% |
| 1988 | 56.47 USD | +6.7% |
| 1989 | 51.69 USD | -8.5% |
| 1990 | 53.55 USD | +3.6% |
| 1991 | 51.71 USD | -3.4% |
| 1992 | 42.59 USD | -17.6% |
| 1993 | 53.28 USD | +25.1% |
| 1994 | 53.23 USD | -0.1% |
| 1995 | 62.22 USD | +16.9% |
| 1996 | 61.33 USD | -1.4% |
| 1997 | 61.44 USD | +0.2% |
| 1998 | 62.43 USD | +1.6% |
| 1999 | 59.6 USD | -4.5% |
| 2000 | 53.06 USD | -11.0% |
| 2001 | 53.9 USD | +1.6% |
| 2002 | 52.55 USD | -2.5% |
| 2003 | 65.3 USD | +24.3% |
| 2004 | 75.02 USD | +14.9% |
| 2005 | 83.6 USD | +11.4% |
| 2006 | 94.47 USD | +13.0% |
| 2007 | 104.27 USD | +10.4% |
| 2008 | 116.72 USD | +11.9% |
| 2009 | 101.43 USD | -13.1% |
| 2010 | 101.1 USD | -0.3% |
| 2011 | 107.35 USD | +6.2% |
| 2012 | 107.7 USD | +0.3% |
| 2013 | 113.04 USD | +5.0% |
| 2014 | 116.46 USD | +3.0% |
| 2015 | 100 USD | -14.1% |
| 2016 | 83.89 USD | -16.1% |
| 2017 | 81.3 USD | -3.1% |
| 2018 | 92.59 USD | +13.9% |
| 2019 | 108.51 USD | +17.2% |
| 2020 | 113.92 USD | +5.0% |
| 2021 | 128.76 USD | +13.0% |
| 2022 | 127.44 USD | -1.0% |
| 2023 | 118.91 USD | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.22 USD | 34.7 USD | 98.8 USD | 10 |
| 1980s | 102.41 USD | 51.69 USD | 154.16 USD | 10 |
| 1990s | 56.14 USD | 42.59 USD | 62.43 USD | 10 |
| 2000s | 80.03 USD | 52.55 USD | 116.72 USD | 10 |
| 2010s | 101.19 USD | 81.3 USD | 116.46 USD | 10 |
| 2020s | 122.26 USD | 113.92 USD | 128.76 USD | 4 |
Countries ranked near Western Africa
- 8 Ethiopia PDR 182.99 USD compare
- 9 Tuvalu 173.9 USD compare
- 10 Saudi Arabia 170.53 USD compare
- 11 Cook Islands 166.48 USD compare
- 12 Portugal 166 USD compare
- 13 Guinea 164.28 USD compare
- 14 Madagascar 161.65 USD compare
More economy & growth data for Western Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.59 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Fixed Capital Formation — Value US$ 137,957 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 155,725 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.75 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Western Africa?
- Value added deflator (manufacturing) — value us$, 2015 prices in Western Africa was 118.91 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Western Africa?
- The highest recorded value was 154.16 USD in 1983.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Western Africa?
- The lowest recorded value was 34.7 USD in 1970.
- How does Western Africa rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Western Africa ranks 11th out of 25 groups with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Western Africa?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Western Africa 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).