Value Added (Total Manufacturing) — Annual growth Standard Local in China, mainland
China, mainland: Value Added (Total Manufacturing) — Annual growth Standard Local was 1.08 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth Standard Local in China, mainland, 2005–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
China, mainland recorded 1.08 % for value added (total manufacturing) — annual growth standard local in 2023.
The figure is down 80.1% on the previous year and down 84.8% over ten years.
Over the whole period, value added (total manufacturing) — annual growth standard local in China, mainland peaked at 22.82 % in 2007 and was at its lowest, 0.5788 %, in 2020.
That places China, mainland 152nd out of 202 countries with data for 2023, putting it in the bottom quarter.
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, mainland, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 16.17 % | — |
| 2006 | 18.46 % | +14.1% |
| 2007 | 22.82 % | +23.7% |
| 2008 | 17.23 % | -24.5% |
| 2009 | 7.39 % | -57.1% |
| 2010 | 18.31 % | +147.7% |
| 2011 | 20.09 % | +9.7% |
| 2012 | 8.53 % | -57.5% |
| 2013 | 7.1 % | -16.8% |
| 2014 | 7.56 % | +6.5% |
| 2015 | 1.95 % | -74.2% |
| 2016 | 5.05 % | +158.9% |
| 2017 | 11.63 % | +130.3% |
| 2018 | 9.43 % | -18.9% |
| 2019 | 3.2 % | -66.0% |
| 2020 | 0.5788 % | -81.9% |
| 2021 | 19.65 % | +3295.2% |
| 2022 | 5.42 % | -72.4% |
| 2023 | 1.08 % | -80.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.42 % | 7.39 % | 22.82 % | 5 |
| 2010s | 9.29 % | 1.95 % | 20.09 % | 10 |
| 2020s | 6.68 % | 0.5788 % | 19.65 % | 4 |
Countries ranked near China, mainland
More economy & growth data for China, mainland
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 40.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.29 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 56.10 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 7.79 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 44.89 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 7.21 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 40.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.95 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.06 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 7.65 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — annual growth standard local in China, mainland?
- Value added (total manufacturing) — annual growth standard local in China, mainland was 1.08 % 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, mainland?
- The highest recorded value was 22.82 % in 2007.
- What is the lowest value added (total manufacturing) — annual growth standard local recorded in China, mainland?
- The lowest recorded value was 0.5788 % in 2020.
- How does China, mainland rank for value added (total manufacturing) — annual growth standard local?
- China, mainland ranks 152nd out of 202 countries with data for 2023.
- Is value added (total manufacturing) — annual growth standard local rising or falling in China, mainland?
- Over the last ten years it is down 84.8%. The long-run trend across the full record is volatile.
- Where does this China, mainland 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).