Value Added (Total Manufacturing) — Annual growth Standard Local in China, Macao SAR
China, Macao SAR: Value Added (Total Manufacturing) — Annual growth Standard Local was 49.05 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth Standard Local in China, Macao SAR, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — annual growth standard local in China, Macao SAR stood at 49.05 %. That is the highest value across all 53 years on record.
That represents a change of up 717.1% on the previous year and up 2,824.6% over ten years.
Over the whole period, value added (total manufacturing) — annual growth standard local in China, Macao SAR peaked at 49.05 % in 2023 and was at its lowest, -29.48 %, in 2020.
China, Macao SAR ranks 10th of 202 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth Standard Local in China, Macao SAR, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 17.66 % | — |
| 1972 | 17.68 % | +0.1% |
| 1973 | 17.66 % | -0.1% |
| 1974 | 17.65 % | -0.1% |
| 1975 | 17.73 % | +0.5% |
| 1976 | 17.61 % | -0.7% |
| 1977 | 17.6 % | -0.1% |
| 1978 | 18 % | +2.3% |
| 1979 | 17.24 % | -4.2% |
| 1980 | 17.56 % | +1.9% |
| 1981 | 19.22 % | +9.5% |
| 1982 | 15.02 % | -21.9% |
| 1983 | 18.53 % | +23.4% |
| 1984 | 24.47 % | +32.0% |
| 1985 | 4.02 % | -83.6% |
| 1986 | 11.08 % | +175.7% |
| 1987 | 31.14 % | +181.0% |
| 1988 | 16.19 % | -48.0% |
| 1989 | 11.18 % | -30.9% |
| 1990 | 38.6 % | +245.3% |
| 1991 | 3.06 % | -92.1% |
| 1992 | 2.56 % | -16.5% |
| 1993 | -10.01 % | -491.0% |
| 1994 | 0.7561 % | -107.6% |
| 1995 | 1.53 % | +102.2% |
| 1996 | 0.1423 % | -90.7% |
| 1997 | 3.72 % | +2515.5% |
| 1998 | 2.78 % | -25.2% |
| 1999 | -2.97 % | -206.9% |
| 2000 | 5.47 % | -283.9% |
| 2001 | -18.32 % | -434.8% |
| 2002 | -5.67 % | -69.0% |
| 2003 | -1.85 % | -67.3% |
| 2004 | 2.98 % | -260.9% |
| 2005 | -2.73 % | -191.7% |
| 2006 | 12.74 % | -565.7% |
| 2007 | -9.3 % | -173.0% |
| 2008 | -22.61 % | +143.1% |
| 2009 | -29.1 % | +28.7% |
| 2010 | -26.42 % | -9.2% |
| 2011 | 9.13 % | -134.6% |
| 2012 | 18.21 % | +99.3% |
| 2013 | 1.68 % | -90.8% |
| 2014 | 11.3 % | +573.9% |
| 2015 | 12.68 % | +12.2% |
| 2016 | 4.48 % | -64.7% |
| 2017 | 7.93 % | +76.9% |
| 2018 | 3.84 % | -51.5% |
| 2019 | -0.7903 % | -120.6% |
| 2020 | -29.48 % | +3629.5% |
| 2021 | 21.94 % | -174.4% |
| 2022 | -7.95 % | -136.2% |
| 2023 | 49.05 % | -717.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.65 % | 17.24 % | 18 % | 9 |
| 1980s | 16.84 % | 4.02 % | 31.14 % | 10 |
| 1990s | 4.02 % | -10.01 % | 38.6 % | 10 |
| 2000s | -6.84 % | -29.1 % | 12.74 % | 10 |
| 2010s | 4.2 % | -26.42 % | 18.21 % | 10 |
| 2020s | 8.39 % | -29.48 % | 49.05 % | 4 |
Countries ranked near China, Macao SAR
More economy & growth data for China, Macao SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 13.6 % (2024)
- Gross Domestic Product — Value US$ per capita 69,679 USD (2024)
- Gross Domestic Product — Value US$ 50,187 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 47,817 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,988 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.76 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 13.6 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.9 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 351,511 million SLC (2024)
Frequently asked questions
- What is value added (total manufacturing) — annual growth standard local in China, Macao SAR?
- Value added (total manufacturing) — annual growth standard local in China, Macao SAR was 49.05 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth standard local recorded in China, Macao SAR?
- The highest recorded value was 49.05 % in 2023.
- What is the lowest value added (total manufacturing) — annual growth standard local recorded in China, Macao SAR?
- The lowest recorded value was -29.48 % in 2020.
- How does China, Macao SAR rank for value added (total manufacturing) — annual growth standard local?
- China, Macao SAR ranks 10th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — annual growth standard local rising or falling in China, Macao SAR?
- Over the last ten years it is up 2,824.6%. The long-run trend across the full record is volatile.
- Where does this China, Macao SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).