Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia
Ethiopia: Value Added (Total Manufacturing) — Value Standard Local Currency was 122,955 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Ethiopia recorded 122,955 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 34 years on record.
That represents a change of up 7.0% on the previous year and up 196.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ethiopia peaked at 122,955 million SLC in 2023 and was at its lowest, 6,763 million SLC, in 1992.
That places Ethiopia 81st out of 194 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 Ethiopia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 12,653 million SLC | — |
| 1991 | 8,234 million SLC | -34.9% |
| 1992 | 6,763 million SLC | -17.9% |
| 1993 | 8,773 million SLC | +29.7% |
| 1994 | 9,760 million SLC | +11.2% |
| 1995 | 10,627 million SLC | +8.9% |
| 1996 | 10,970 million SLC | +3.2% |
| 1997 | 11,295 million SLC | +3.0% |
| 1998 | 11,307 million SLC | +0.1% |
| 1999 | 12,237 million SLC | +8.2% |
| 2000 | 13,151 million SLC | +7.5% |
| 2001 | 13,620 million SLC | +3.6% |
| 2002 | 13,795 million SLC | +1.3% |
| 2003 | 13,904 million SLC | +0.8% |
| 2004 | 14,820 million SLC | +6.6% |
| 2005 | 16,716 million SLC | +12.8% |
| 2006 | 18,486 million SLC | +10.6% |
| 2007 | 20,030 million SLC | +8.3% |
| 2008 | 22,094 million SLC | +10.3% |
| 2009 | 24,101 million SLC | +9.1% |
| 2010 | 26,894 million SLC | +11.6% |
| 2011 | 31,713 million SLC | +17.9% |
| 2012 | 35,456 million SLC | +11.8% |
| 2013 | 41,460 million SLC | +16.9% |
| 2014 | 48,358 million SLC | +16.6% |
| 2015 | 57,170 million SLC | +18.2% |
| 2016 | 67,684 million SLC | +18.4% |
| 2017 | 84,372 million SLC | +24.7% |
| 2018 | 90,127 million SLC | +6.8% |
| 2019 | 97,064 million SLC | +7.7% |
| 2020 | 104,356 million SLC | +7.5% |
| 2021 | 109,678 million SLC | +5.1% |
| 2022 | 114,960 million SLC | +4.8% |
| 2023 | 122,955 million SLC | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,262 million SLC | 6,763 million SLC | 12,653 million SLC | 10 |
| 2000s | 17,072 million SLC | 13,151 million SLC | 24,101 million SLC | 10 |
| 2010s | 58,030 million SLC | 26,894 million SLC | 97,064 million SLC | 10 |
| 2020s | 112,987 million SLC | 104,356 million SLC | 122,955 million SLC | 4 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- GNI, Atlas method (current US$), annual growth rate 3.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.19 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,112 current US$ per person (2025)
- GNI (current US$), annual growth rate -15.63 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9983 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 931.14 current US$ per person (2025)
- GNI (current LCU), annual growth rate 28.07 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 119.25 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 111,231 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 8.82 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Ethiopia?
- Value added (total manufacturing) — value standard local currency in Ethiopia was 122,955 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 Ethiopia?
- The highest recorded value was 122,955 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ethiopia?
- The lowest recorded value was 6,763 million SLC in 1992.
- How does Ethiopia rank for value added (total manufacturing) — value standard local currency?
- Ethiopia ranks 81st out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Ethiopia?
- Over the last ten years it is up 196.6%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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.
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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).