Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR
China, Hong Kong SAR: Value Added (Total Manufacturing) — Value Standard Local Currency was 28,051 million SLC in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in China, Hong Kong SAR stood at 28,051 million SLC.
Compared with earlier readings it is up 3.7% on the previous year and up 3.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in China, Hong Kong SAR peaked at 95,738 million SLC in 1988 and was at its lowest, 24,756 million SLC, in 1970.
China, Hong Kong SAR ranks 110th of 194 countries on this measure, 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 China, Hong Kong SAR, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 24,756 million SLC | — |
| 1971 | 26,566 million SLC | +7.3% |
| 1972 | 29,395 million SLC | +10.7% |
| 1973 | 32,966 million SLC | +12.1% |
| 1974 | 33,807 million SLC | +2.6% |
| 1975 | 34,004 million SLC | +0.6% |
| 1976 | 39,272 million SLC | +15.5% |
| 1977 | 44,268 million SLC | +12.7% |
| 1978 | 47,906 million SLC | +8.2% |
| 1979 | 52,066 million SLC | +8.7% |
| 1980 | 60,427 million SLC | +16.1% |
| 1981 | 64,222 million SLC | +6.3% |
| 1982 | 59,371 million SLC | -7.6% |
| 1983 | 69,226 million SLC | +16.6% |
| 1984 | 80,116 million SLC | +15.7% |
| 1985 | 73,313 million SLC | -8.5% |
| 1986 | 84,128 million SLC | +14.8% |
| 1987 | 93,448 million SLC | +11.1% |
| 1988 | 95,738 million SLC | +2.5% |
| 1989 | 90,993 million SLC | -5.0% |
| 1990 | 86,212 million SLC | -5.3% |
| 1991 | 77,372 million SLC | -10.3% |
| 1992 | 71,990 million SLC | -7.0% |
| 1993 | 61,381 million SLC | -14.7% |
| 1994 | 54,521 million SLC | -11.2% |
| 1995 | 50,552 million SLC | -7.3% |
| 1996 | 46,640 million SLC | -7.7% |
| 1997 | 43,113 million SLC | -7.6% |
| 1998 | 37,626 million SLC | -12.7% |
| 1999 | 36,189 million SLC | -3.8% |
| 2000 | 39,996 million SLC | +10.5% |
| 2001 | 36,417 million SLC | -8.9% |
| 2002 | 32,890 million SLC | -9.7% |
| 2003 | 29,435 million SLC | -10.5% |
| 2004 | 30,120 million SLC | +2.3% |
| 2005 | 30,594 million SLC | +1.6% |
| 2006 | 31,140 million SLC | +1.8% |
| 2007 | 30,876 million SLC | -0.8% |
| 2008 | 28,700 million SLC | -7.0% |
| 2009 | 26,353 million SLC | -8.2% |
| 2010 | 27,234 million SLC | +3.3% |
| 2011 | 27,435 million SLC | +0.7% |
| 2012 | 27,218 million SLC | -0.8% |
| 2013 | 27,242 million SLC | +0.1% |
| 2014 | 27,132 million SLC | -0.4% |
| 2015 | 26,716 million SLC | -1.5% |
| 2016 | 26,598 million SLC | -0.4% |
| 2017 | 26,714 million SLC | +0.4% |
| 2018 | 27,054 million SLC | +1.3% |
| 2019 | 27,167 million SLC | +0.4% |
| 2020 | 25,582 million SLC | -5.8% |
| 2021 | 26,982 million SLC | +5.5% |
| 2022 | 27,038 million SLC | +0.2% |
| 2023 | 28,051 million SLC | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36,500 million SLC | 24,756 million SLC | 52,066 million SLC | 10 |
| 1980s | 77,098 million SLC | 59,371 million SLC | 95,738 million SLC | 10 |
| 1990s | 56,560 million SLC | 36,189 million SLC | 86,212 million SLC | 10 |
| 2000s | 31,652 million SLC | 26,353 million SLC | 39,996 million SLC | 10 |
| 2010s | 27,051 million SLC | 26,598 million SLC | 27,435 million SLC | 10 |
| 2020s | 26,913 million SLC | 25,582 million SLC | 28,051 million SLC | 4 |
Countries ranked near China, Hong Kong SAR
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.59 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.61 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 54,867 USD (2024)
- Gross Domestic Product — Value US$ 406,835 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 485,106 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 62,580 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.04 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.21 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in China, Hong Kong SAR?
- Value added (total manufacturing) — value standard local currency in China, Hong Kong SAR was 28,051 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The highest recorded value was 95,738 million SLC in 1988.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The lowest recorded value was 24,756 million SLC in 1970.
- How does China, Hong Kong SAR rank for value added (total manufacturing) — value standard local currency?
- China, Hong Kong SAR ranks 110th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in China, Hong Kong SAR?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
- Where does this China, Hong Kong SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).