Value Added (Total Manufacturing) — Value Standard Local Currency in Australia
Australia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0039 million SLC per person in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Australia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Australia stood at 0.0039 million SLC per person. That is the lowest value across all 54 years on record.
The figure is down 2.2% on the previous year and down 13.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Australia peaked at 0.0055 million SLC per person in 2003 and was at its lowest, 0.0039 million SLC per person, in 2023.
That places Australia 117th out of 194 countries 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) — Value Standard Local Currency in Australia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0048 million SLC per person | — |
| 1971 | 0.0048 million SLC per person | -1.3% |
| 1972 | 0.0049 million SLC per person | +2.5% |
| 1973 | 0.0051 million SLC per person | +5.1% |
| 1974 | 0.0048 million SLC per person | -6.5% |
| 1975 | 0.0047 million SLC per person | -2.3% |
| 1976 | 0.0048 million SLC per person | +1.4% |
| 1977 | 0.0047 million SLC per person | -1.5% |
| 1978 | 0.0048 million SLC per person | +2.9% |
| 1979 | 0.005 million SLC per person | +3.2% |
| 1980 | 0.005 million SLC per person | +0.8% |
| 1981 | 0.0051 million SLC per person | +0.9% |
| 1982 | 0.0046 million SLC per person | -9.8% |
| 1983 | 0.0046 million SLC per person | +0.1% |
| 1984 | 0.0048 million SLC per person | +3.9% |
| 1985 | 0.0047 million SLC per person | -0.7% |
| 1986 | 0.0048 million SLC per person | +1.3% |
| 1987 | 0.005 million SLC per person | +5.1% |
| 1988 | 0.0052 million SLC per person | +4.0% |
| 1989 | 0.0051 million SLC per person | -2.8% |
| 1990 | 0.0049 million SLC per person | -3.6% |
| 1991 | 0.0047 million SLC per person | -4.2% |
| 1992 | 0.0047 million SLC per person | +1.0% |
| 1993 | 0.0049 million SLC per person | +3.5% |
| 1994 | 0.005 million SLC per person | +1.1% |
| 1995 | 0.005 million SLC per person | +1.1% |
| 1996 | 0.005 million SLC per person | +0.3% |
| 1997 | 0.0051 million SLC per person | +2.2% |
| 1998 | 0.0052 million SLC per person | +1.4% |
| 1999 | 0.0052 million SLC per person | +0.2% |
| 2000 | 0.0053 million SLC per person | +1.1% |
| 2001 | 0.0054 million SLC per person | +1.4% |
| 2002 | 0.0055 million SLC per person | +3.0% |
| 2003 | 0.0055 million SLC per person | +0.3% |
| 2004 | 0.0054 million SLC per person | -2.0% |
| 2005 | 0.0053 million SLC per person | -1.8% |
| 2006 | 0.0054 million SLC per person | +0.6% |
| 2007 | 0.0055 million SLC per person | +2.1% |
| 2008 | 0.0051 million SLC per person | -7.1% |
| 2009 | 0.005 million SLC per person | -1.6% |
| 2010 | 0.0049 million SLC per person | -1.9% |
| 2011 | 0.0049 million SLC per person | -0.3% |
| 2012 | 0.0047 million SLC per person | -5.0% |
| 2013 | 0.0045 million SLC per person | -2.6% |
| 2014 | 0.0044 million SLC per person | -3.0% |
| 2015 | 0.0042 million SLC per person | -3.7% |
| 2016 | 0.0041 million SLC per person | -2.2% |
| 2017 | 0.0042 million SLC per person | +0.5% |
| 2018 | 0.0041 million SLC per person | -2.5% |
| 2019 | 0.0039 million SLC per person | -3.4% |
| 2020 | 0.0039 million SLC per person | +0.5% |
| 2021 | 0.004 million SLC per person | +2.3% |
| 2022 | 0.004 million SLC per person | -1.1% |
| 2023 | 0.0039 million SLC per person | -2.2% |
Australia compared with similar countries
- Australia's 0.0039 million SLC per person is below the median for high income countries, which is 0.0052 million SLC per person, 75% of the median. (73 countries reporting)
- Australia's 0.0039 million SLC per person is below the median for East Asia & Pacific, which is 0.0078 million SLC per person, 50% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0048 million SLC per person | 0.0047 million SLC per person | 0.0051 million SLC per person | 10 |
| 1980s | 0.0049 million SLC per person | 0.0046 million SLC per person | 0.0052 million SLC per person | 10 |
| 1990s | 0.005 million SLC per person | 0.0047 million SLC per person | 0.0052 million SLC per person | 10 |
| 2000s | 0.0053 million SLC per person | 0.005 million SLC per person | 0.0055 million SLC per person | 10 |
| 2010s | 0.0044 million SLC per person | 0.0039 million SLC per person | 0.0049 million SLC per person | 10 |
| 2020s | 0.004 million SLC per person | 0.0039 million SLC per person | 0.004 million SLC per person | 4 |
Countries ranked near Australia
- 114 Luxembourg 0.0043 million SLC per person compare
- 115 Egypt 0.0042 million SLC per person compare
- 116 Syria 0.004 million SLC per person compare
- 118 France 0.0035 million SLC per person compare
- 119 Slovakia 0.0034 million SLC per person compare
- 120 Mauritania 0.0034 million SLC per person compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Australia?
- Value added (total manufacturing) — value standard local currency in Australia was 0.0039 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Australia?
- The highest recorded value was 0.0055 million SLC per person in 2003.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Australia?
- The lowest recorded value was 0.0039 million SLC per person in 2023.
- How does Australia rank for value added (total manufacturing) — value standard local currency?
- Australia ranks 117th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Australia?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.