Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices was 14.71 % in 2023. ▼ Falling
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Least Developed Countries (LDCs), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — share of gdp us$, 2015 prices in Least Developed Countries (LDCs) stood at 14.71 %.
That represents a change of up 1.8% on the previous year and up 28.0% over ten years.
Over the whole period, value added (total manufacturing) — share of gdp us$, 2015 prices in Least Developed Countries (LDCs) peaked at 18.78 % in 1974 and was at its lowest, 10.06 %, in 2005.
That places Least Developed Countries (LDCs) 7th out of 20 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Least Developed Countries (LDCs), year by year
| Year | % | Change |
|---|---|---|
| 1970 | 16.47 % | — |
| 1971 | 16.99 % | +3.1% |
| 1972 | 16.89 % | -0.6% |
| 1973 | 17.95 % | +6.3% |
| 1974 | 18.78 % | +4.6% |
| 1975 | 17.59 % | -6.3% |
| 1976 | 16.6 % | -5.6% |
| 1977 | 16.47 % | -0.8% |
| 1978 | 15.46 % | -6.1% |
| 1979 | 15.1 % | -2.3% |
| 1980 | 15.22 % | +0.8% |
| 1981 | 14.97 % | -1.6% |
| 1982 | 14.87 % | -0.7% |
| 1983 | 15.04 % | +1.2% |
| 1984 | 15.47 % | +2.8% |
| 1985 | 15.83 % | +2.3% |
| 1986 | 15.65 % | -1.1% |
| 1987 | 15.29 % | -2.3% |
| 1988 | 14.84 % | -3.0% |
| 1989 | 14.31 % | -3.6% |
| 1990 | 13.32 % | -6.9% |
| 1991 | 12.19 % | -8.4% |
| 1992 | 10.99 % | -9.9% |
| 1993 | 10.82 % | -1.5% |
| 1994 | 10.41 % | -3.8% |
| 1995 | 10.53 % | +1.2% |
| 1996 | 10.75 % | +2.1% |
| 1997 | 10.35 % | -3.7% |
| 1998 | 10.23 % | -1.2% |
| 1999 | 10.3 % | +0.7% |
| 2000 | 10.3 % | +0.0% |
| 2001 | 10.29 % | -0.1% |
| 2002 | 10.34 % | +0.5% |
| 2003 | 10.22 % | -1.2% |
| 2004 | 10.23 % | +0.1% |
| 2005 | 10.06 % | -1.6% |
| 2006 | 10.27 % | +2.1% |
| 2007 | 10.33 % | +0.5% |
| 2008 | 10.32 % | -0.1% |
| 2009 | 10.34 % | +0.2% |
| 2010 | 10.65 % | +3.0% |
| 2011 | 11.07 % | +4.0% |
| 2012 | 11.42 % | +3.2% |
| 2013 | 11.49 % | +0.6% |
| 2014 | 11.51 % | +0.1% |
| 2015 | 12.18 % | +5.8% |
| 2016 | 12.77 % | +4.9% |
| 2017 | 12.99 % | +1.8% |
| 2018 | 13.51 % | +4.0% |
| 2019 | 13.87 % | +2.7% |
| 2020 | 13.84 % | -0.2% |
| 2021 | 14.12 % | +2.0% |
| 2022 | 14.45 % | +2.3% |
| 2023 | 14.71 % | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.83 % | 15.1 % | 18.78 % | 10 |
| 1980s | 15.15 % | 14.31 % | 15.83 % | 10 |
| 1990s | 10.99 % | 10.23 % | 13.32 % | 10 |
| 2000s | 10.27 % | 10.06 % | 10.34 % | 10 |
| 2010s | 12.14 % | 10.65 % | 13.87 % | 10 |
| 2020s | 14.28 % | 13.84 % | 14.71 % | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 4 San Marino 33.56 % compare
- 5 Eswatini 33.02 % compare
- 5 Türkiye 16.93 % compare
- 6 Cambodia 30.91 % compare
- 7 Turkmenistan 30.1 % compare
- 8 China, mainland 28.08 % compare
- 8 Democratic Republic of the Congo 13.59 % compare
- 9 Republic of Korea 27.44 % compare
- 10 Yugoslav SFR 27.05 % compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.41 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — share of gdp us$, 2015 prices in Least Developed Countries (LDCs)?
- Value added (total manufacturing) — share of gdp us$, 2015 prices in Least Developed Countries (LDCs) was 14.71 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 18.78 % in 1974.
- What is the lowest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 10.06 % in 2005.
- How does Least Developed Countries (LDCs) rank for value added (total manufacturing) — share of gdp us$, 2015 prices?
- Least Developed Countries (LDCs) ranks 7th out of 20 groups with data for 2023.
- Is value added (total manufacturing) — share of gdp us$, 2015 prices rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is falling.
- Where does this Least Developed Countries (LDCs) 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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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).