Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Australia

Australia: Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices was 5.23 % in 2023. ▼ Falling

Latest (2023)
5.23 %
Change on year
down 1.2%
World rank
156th
of 203 countries
All-time high
14.89 %
in 1973
All-time low
5.23 %
in 2023
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Australia, 1970–2023

051015197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2023, value added (total manufacturing) — share of gdp us$, 2015 prices in Australia stood at 5.23 %. That is the lowest value across all 54 years on record.

The figure is down 1.2% on the previous year and down 21.2% over ten years.

Over the whole period, value added (total manufacturing) — share of gdp us$, 2015 prices in Australia peaked at 14.89 % in 1973 and was at its lowest, 5.23 %, in 2023.

Australia ranks 156th of 203 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 54 years of available data.

Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Australia, year by year

Annual values for Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Australia, 1970 to 2023.
Year % Change
1970 14.53 %
1971 14.27 % -1.8%
1972 14.52 % +1.7%
1973 14.89 % +2.5%
1974 14.09 % -5.4%
1975 13.58 % -3.6%
1976 13.44 % -1.1%
1977 13.26 % -1.3%
1978 13.27 % +0.1%
1979 13.43 % +1.2%
1980 13.26 % -1.2%
1981 13.16 % -0.8%
1982 12.35 % -6.1%
1983 11.98 % -2.9%
1984 11.97 % -0.2%
1985 11.58 % -3.2%
1986 11.6 % +0.2%
1987 11.7 % +0.9%
1988 11.91 % +1.8%
1989 11.37 % -4.6%
1990 11.16 % -1.8%
1991 10.78 % -3.4%
1992 10.58 % -1.8%
1993 10.63 % +0.5%
1994 10.45 % -1.7%
1995 10.29 % -1.5%
1996 10.06 % -2.3%
1997 9.93 % -1.3%
1998 9.68 % -2.5%
1999 9.43 % -2.5%
2000 9.46 % +0.3%
2001 9.35 % -1.2%
2002 9.44 % +1.0%
2003 9.19 % -2.7%
2004 8.83 % -3.9%
2005 8.54 % -3.2%
2006 8.39 % -1.8%
2007 8.43 % +0.4%
2008 7.84 % -7.0%
2009 7.7 % -1.7%
2010 7.49 % -2.7%
2011 7.29 % -2.7%
2012 6.87 % -5.8%
2013 6.64 % -3.4%
2014 6.39 % -3.7%
2015 6.08 % -4.9%
2016 5.91 % -2.8%
2017 5.87 % -0.7%
2018 5.68 % -3.1%
2019 5.58 % -1.8%
2020 5.56 % -0.4%
2021 5.46 % -1.7%
2022 5.29 % -3.2%
2023 5.23 % -1.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.93 % 13.26 % 14.89 % 10
1980s 12.09 % 11.37 % 13.26 % 10
1990s 10.3 % 9.43 % 11.16 % 10
2000s 8.72 % 7.7 % 9.46 % 10
2010s 6.38 % 5.58 % 7.49 % 10
2020s 5.38 % 5.23 % 5.56 % 4

Countries ranked near Australia

  1. 153 Ethiopia 5.52 % compare
  2. 154 Liberia 5.48 % compare
  3. 155 Sierra Leone 5.42 % compare
  4. 157 Nepal 4.92 % compare
  5. 158 Seychelles 4.87 % compare
  6. 159 French Polynesia 4.86 % compare

See the full ranking of 252 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is value added (total manufacturing) — share of gdp us$, 2015 prices in Australia?
Value added (total manufacturing) — share of gdp us$, 2015 prices in Australia was 5.23 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Australia?
The highest recorded value was 14.89 % in 1973.
What is the lowest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Australia?
The lowest recorded value was 5.23 % in 2023.
How does Australia rank for value added (total manufacturing) — share of gdp us$, 2015 prices?
Australia ranks 156th out of 203 countries with data for 2023.
Is value added (total manufacturing) — share of gdp us$, 2015 prices rising or falling in Australia?
Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-share-of-gdp-us-2015-prices/australia/

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About this data

Indicator
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).