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

India: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0216 million SLC per person in 2023. ◆ Volatile

Latest (2023)
0.0216 million SLC per person
Change on year
up 8.9%
World rank
67th
of 194 countries
All-time high
0.0216 million SLC per person
in 2023
All-time low
0.0024 million SLC per person
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in India, 1970–2023

00.0050.010.0150.02197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

India recorded 0.0216 million SLC per person for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 8.9% on the previous year and up 58.9% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in India peaked at 0.0216 million SLC per person in 2023 and was at its lowest, 0.0024 million SLC per person, in 1970.

India ranks 67th of 194 countries on this measure, 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 India, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita in India, 1970 to 2023.
Year million SLC per person Change
1970 0.0024 million SLC per person —
1971 0.0024 million SLC per person +1.0%
1972 0.0024 million SLC per person +1.7%
1973 0.0025 million SLC per person +2.1%
1974 0.0025 million SLC per person +0.6%
1975 0.0025 million SLC per person -0.3%
1976 0.0027 million SLC per person +6.2%
1977 0.0028 million SLC per person +3.7%
1978 0.003 million SLC per person +8.3%
1979 0.0029 million SLC per person -4.2%
1980 0.0028 million SLC per person -2.2%
1981 0.003 million SLC per person +5.5%
1982 0.0031 million SLC per person +4.1%
1983 0.0033 million SLC per person +7.4%
1984 0.0034 million SLC per person +4.0%
1985 0.0035 million SLC per person +1.6%
1986 0.0036 million SLC per person +4.6%
1987 0.0038 million SLC per person +4.9%
1988 0.0041 million SLC per person +6.3%
1989 0.0044 million SLC per person +9.2%
1990 0.0046 million SLC per person +3.8%
1991 0.0043 million SLC per person -5.8%
1992 0.0044 million SLC per person +2.0%
1993 0.0047 million SLC per person +6.1%
1994 0.0052 million SLC per person +9.7%
1995 0.0058 million SLC per person +12.6%
1996 0.0062 million SLC per person +7.5%
1997 0.0062 million SLC per person -0.5%
1998 0.0063 million SLC per person +0.8%
1999 0.0064 million SLC per person +2.0%
2000 0.0067 million SLC per person +4.5%
2001 0.0068 million SLC per person +1.6%
2002 0.007 million SLC per person +2.5%
2003 0.0073 million SLC per person +5.0%
2004 0.0079 million SLC per person +7.8%
2005 0.0085 million SLC per person +7.6%
2006 0.0098 million SLC per person +16.0%
2007 0.0103 million SLC per person +5.4%
2008 0.0107 million SLC per person +3.2%
2009 0.0117 million SLC per person +9.4%
2010 0.0124 million SLC per person +6.1%
2011 0.0126 million SLC per person +1.7%
2012 0.0131 million SLC per person +4.0%
2013 0.0136 million SLC per person +3.6%
2014 0.0145 million SLC per person +6.5%
2015 0.0162 million SLC per person +11.7%
2016 0.0172 million SLC per person +6.6%
2017 0.0183 million SLC per person +6.3%
2018 0.0191 million SLC per person +4.3%
2019 0.0183 million SLC per person -4.0%
2020 0.0187 million SLC per person +2.1%
2021 0.0204 million SLC per person +9.1%
2022 0.0198 million SLC per person -3.0%
2023 0.0216 million SLC per person +8.9%

India compared with similar countries

  • India's 0.0216 million SLC per person is above the median for lower middle income countries, which is 0.0126 million SLC per person, 1.7× the median. (44 countries reporting)
  • India's 0.0216 million SLC per person is above the median for South Asia, which is 0.017 million SLC per person, 1.3× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0026 million SLC per person 0.0024 million SLC per person 0.003 million SLC per person 10
1980s 0.0035 million SLC per person 0.0028 million SLC per person 0.0044 million SLC per person 10
1990s 0.0054 million SLC per person 0.0043 million SLC per person 0.0064 million SLC per person 10
2000s 0.0087 million SLC per person 0.0067 million SLC per person 0.0117 million SLC per person 10
2010s 0.0155 million SLC per person 0.0124 million SLC per person 0.0191 million SLC per person 10
2020s 0.0201 million SLC per person 0.0187 million SLC per person 0.0216 million SLC per person 4

Countries ranked near India

  1. 64 Ireland 0.0284 million SLC per person compare
  2. 65 Angola 0.025 million SLC per person compare
  3. 66 Niger 0.0232 million SLC per person compare
  4. 68 Qatar 0.0211 million SLC per person compare
  5. 69 Israel 0.0208 million SLC per person compare
  6. 70 Pakistan 0.0198 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in India?
Value added (total manufacturing) — value standard local currency in India was 0.0216 million SLC per person in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in India?
The highest recorded value was 0.0216 million SLC per person in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in India?
The lowest recorded value was 0.0024 million SLC per person in 1970.
How does India rank for value added (total manufacturing) — value standard local currency?
India ranks 67th out of 194 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in India?
Over the last ten years it is up 58.9%. The long-run trend across the full record is volatile.
Where does this India 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.

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Value Added (Total Manufacturing) — Value Standard Local Currency in India. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-2015-prices-per-capita/india/

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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

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, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,747 data points, 1970–2023
Last refreshed

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.