Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Europe
Western Europe: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 110.03 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Europe, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Western Europe recorded 110.03 USD for value added deflator (manufacturing) — value us$, 2015 prices in 2023.
Compared with earlier readings it is up 9.2% on the previous year and down 4.5% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Western Europe peaked at 120.26 USD in 2008 and was at its lowest, 20.23 USD, in 1970.
That places Western Europe 16th out of 25 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Western Europe, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 20.23 USD | — |
| 1971 | 22.17 USD | +9.6% |
| 1972 | 25.53 USD | +15.2% |
| 1973 | 31.94 USD | +25.1% |
| 1974 | 35.53 USD | +11.2% |
| 1975 | 40.61 USD | +14.3% |
| 1976 | 40.4 USD | -0.5% |
| 1977 | 44.29 USD | +9.6% |
| 1978 | 54.28 USD | +22.6% |
| 1979 | 60.84 USD | +12.1% |
| 1980 | 64.83 USD | +6.6% |
| 1981 | 54.41 USD | -16.1% |
| 1982 | 52.57 USD | -3.4% |
| 1983 | 50.47 USD | -4.0% |
| 1984 | 46.33 USD | -8.2% |
| 1985 | 46.35 USD | +0.0% |
| 1986 | 65.54 USD | +41.4% |
| 1987 | 79.53 USD | +21.3% |
| 1988 | 82.78 USD | +4.1% |
| 1989 | 77.94 USD | -5.8% |
| 1990 | 93.09 USD | +19.4% |
| 1991 | 91.94 USD | -1.2% |
| 1992 | 100.25 USD | +9.0% |
| 1993 | 95.44 USD | -4.8% |
| 1994 | 96.79 USD | +1.4% |
| 1995 | 110.47 USD | +14.1% |
| 1996 | 106.29 USD | -3.8% |
| 1997 | 91.9 USD | -13.5% |
| 1998 | 91.86 USD | -0.0% |
| 1999 | 87.49 USD | -4.8% |
| 2000 | 75.61 USD | -13.6% |
| 2001 | 73.73 USD | -2.5% |
| 2002 | 78.47 USD | +6.4% |
| 2003 | 92.98 USD | +18.5% |
| 2004 | 101.78 USD | +9.5% |
| 2005 | 101.44 USD | -0.3% |
| 2006 | 101.22 USD | -0.2% |
| 2007 | 111.59 USD | +10.3% |
| 2008 | 120.26 USD | +7.8% |
| 2009 | 118.1 USD | -1.8% |
| 2010 | 111.14 USD | -5.9% |
| 2011 | 117.23 USD | +5.5% |
| 2012 | 111 USD | -5.3% |
| 2013 | 115.24 USD | +3.8% |
| 2014 | 115.52 USD | +0.2% |
| 2015 | 100 USD | -13.4% |
| 2016 | 100.17 USD | +0.2% |
| 2017 | 101.3 USD | +1.1% |
| 2018 | 105.68 USD | +4.3% |
| 2019 | 101.99 USD | -3.5% |
| 2020 | 105.23 USD | +3.2% |
| 2021 | 107.11 USD | +1.8% |
| 2022 | 100.72 USD | -6.0% |
| 2023 | 110.03 USD | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.58 USD | 20.23 USD | 60.84 USD | 10 |
| 1980s | 62.07 USD | 46.33 USD | 82.78 USD | 10 |
| 1990s | 96.55 USD | 87.49 USD | 110.47 USD | 10 |
| 2000s | 97.52 USD | 73.73 USD | 120.26 USD | 10 |
| 2010s | 107.92 USD | 100 USD | 117.23 USD | 10 |
| 2020s | 105.78 USD | 100.72 USD | 110.03 USD | 4 |
Countries ranked near Western Europe
- 13 Guinea 164.28 USD compare
- 14 Madagascar 161.65 USD compare
- 15 Armenia 160.83 USD compare
- 16 Brazil 160.28 USD compare
- 17 Sao Tome and Principe 159.74 USD compare
- 18 Turks and Caicos Islands 158.65 USD compare
- 19 Bhutan 158.28 USD compare
More economy & growth data for Western Europe
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 127.32 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.94 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.94 million million USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- GDP Deflator — Value US$, 2015 prices 123.15 USD (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Western Europe?
- Value added deflator (manufacturing) — value us$, 2015 prices in Western Europe was 110.03 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Western Europe?
- The highest recorded value was 120.26 USD in 2008.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Western Europe?
- The lowest recorded value was 20.23 USD in 1970.
- How does Western Europe rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Western Europe ranks 16th out of 25 groups with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Western Europe?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
- Where does this Western Europe 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.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).