Value Added (Total Manufacturing) — Value Standard Local Currency in Spain

Spain: Value Added (Total Manufacturing) — Value Standard Local Currency was 2.08 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.08 % change on previous year
Change on year
down 67.1%
World rank
93rd
of 223 countries
All-time high
14.7 % change on previous year
in 1972
All-time low
-14.13 % change on previous year
in 2020
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Spain, 1971–2023

-10010197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Spain is 2.08 % change on previous year, measured in 2023.

Compared with earlier readings it is down 67.1% on the previous year and up 264.5% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Spain peaked at 14.7 % change on previous year in 1972 and was at its lowest, -14.13 % change on previous year, in 2020.

That places Spain 93rd out of 223 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Spain, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Spain, 1971 to 2023.
Year % change on previous year Change
1971 6.15 % change on previous year —
1972 14.7 % change on previous year +139.1%
1973 10.66 % change on previous year -27.5%
1974 6.21 % change on previous year -41.8%
1975 -0.5871 % change on previous year -109.5%
1976 3.44 % change on previous year -686.1%
1977 4.66 % change on previous year +35.4%
1978 1.99 % change on previous year -57.2%
1979 -0.0934 % change on previous year -104.7%
1980 0.901 % change on previous year -1065.0%
1981 -1.06 % change on previous year -217.2%
1982 -1.12 % change on previous year +6.3%
1983 1.38 % change on previous year -223.3%
1984 0.9335 % change on previous year -32.6%
1985 1.57 % change on previous year +68.3%
1986 3.21 % change on previous year +104.4%
1987 5.92 % change on previous year +84.4%
1988 5.16 % change on previous year -12.8%
1989 3.73 % change on previous year -27.8%
1990 2.18 % change on previous year -41.5%
1991 2 % change on previous year -8.4%
1992 -0.3601 % change on previous year -118.0%
1993 -3.55 % change on previous year +887.0%
1994 2.07 % change on previous year -158.3%
1995 3.2 % change on previous year +54.3%
1996 2.81 % change on previous year -12.0%
1997 6.22 % change on previous year +121.2%
1998 5.41 % change on previous year -13.0%
1999 5.17 % change on previous year -4.3%
2000 4.94 % change on previous year -4.6%
2001 3.13 % change on previous year -36.6%
2002 -0.1365 % change on previous year -104.4%
2003 1.08 % change on previous year -889.2%
2004 0.0465 % change on previous year -95.7%
2005 0.7826 % change on previous year +1582.0%
2006 1.84 % change on previous year +134.6%
2007 0.5225 % change on previous year -71.5%
2008 -2.85 % change on previous year -645.1%
2009 -11.43 % change on previous year +301.4%
2010 -0.7498 % change on previous year -93.4%
2011 -1.19 % change on previous year +58.9%
2012 -5.72 % change on previous year +380.3%
2013 -1.26 % change on previous year -78.0%
2014 2.17 % change on previous year -272.1%
2015 5.08 % change on previous year +134.0%
2016 1.66 % change on previous year -67.3%
2017 6.8 % change on previous year +309.2%
2018 -1.13 % change on previous year -116.6%
2019 0.624 % change on previous year -155.3%
2020 -14.13 % change on previous year -2364.6%
2021 13.91 % change on previous year -198.4%
2022 6.31 % change on previous year -54.6%
2023 2.08 % change on previous year -67.1%

Spain compared with similar countries

  • Spain's 2.08 % change on previous year is above the median for high income countries, which is 0.2508 % change on previous year, 8.3× the median. (73 countries reporting)
  • Spain's 2.08 % change on previous year is above the median for Europe & Central Asia, which is 0.7309 % change on previous year, 2.8× the median. (52 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Spain changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -2364.6% 0.624 % change on previous year -14.13 % change on previous year
2005 +1582.0% 0.0465 % change on previous year 0.7826 % change on previous year
1980 +1065.0% -0.0934 % change on previous year 0.901 % change on previous year
2003 +889.2% -0.1365 % change on previous year 1.08 % change on previous year
1993 -887.0% -0.3601 % change on previous year -3.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.24 % change on previous year -0.5871 % change on previous year 14.7 % change on previous year 9
1980s 2.06 % change on previous year -1.12 % change on previous year 5.92 % change on previous year 10
1990s 2.51 % change on previous year -3.55 % change on previous year 6.22 % change on previous year 10
2000s -0.2088 % change on previous year -11.43 % change on previous year 4.94 % change on previous year 10
2010s 0.6285 % change on previous year -5.72 % change on previous year 6.8 % change on previous year 10
2020s 2.04 % change on previous year -14.13 % change on previous year 13.91 % change on previous year 4

Countries ranked near Spain

  1. 90 Mauritius 2.14 % change on previous year compare
  2. 91 Zimbabwe 2.13 % change on previous year compare
  3. 92 Armenia 2.1 % change on previous year compare
  4. 94 Russia 2.05 % change on previous year compare
  5. 94 Russian Federation 2.05 % change on previous year compare
  6. 96 Montserrat 2.03 % change on previous year compare

See the full ranking of 224 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Spain?
Value added (total manufacturing) — value standard local currency in Spain was 2.08 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Spain?
The highest recorded value was 14.7 % change on previous year in 1972.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Spain?
The lowest recorded value was -14.13 % change on previous year in 2020.
How does Spain rank for value added (total manufacturing) — value standard local currency?
Spain ranks 93rd out of 223 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Spain?
Over the last ten years it is up 264.5%. The long-run trend across the full record is volatile.
Where does this Spain data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Spain. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-2015-prices-annual-growth/spain/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
224 places, 11,028 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.