Value Added (Total Manufacturing) — Value Standard Local Currency in Italy
Italy: Value Added (Total Manufacturing) — Value Standard Local Currency was 257,782 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Italy, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Italy recorded 257,782 million SLC for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 1.0% on the previous year and up 11.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Italy peaked at 277,677 million SLC in 2007 and was at its lowest, 101,429 million SLC, in 1970.
That places Italy 63rd out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Italy, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 101,429 million SLC | — |
| 1971 | 102,372 million SLC | +0.9% |
| 1972 | 109,365 million SLC | +6.8% |
| 1973 | 124,335 million SLC | +13.7% |
| 1974 | 134,596 million SLC | +8.3% |
| 1975 | 128,516 million SLC | -4.5% |
| 1976 | 148,211 million SLC | +15.3% |
| 1977 | 155,144 million SLC | +4.7% |
| 1978 | 161,203 million SLC | +3.9% |
| 1979 | 176,892 million SLC | +9.7% |
| 1980 | 184,144 million SLC | +4.1% |
| 1981 | 180,776 million SLC | -1.8% |
| 1982 | 178,571 million SLC | -1.2% |
| 1983 | 178,764 million SLC | +0.1% |
| 1984 | 184,899 million SLC | +3.4% |
| 1985 | 190,969 million SLC | +3.3% |
| 1986 | 195,537 million SLC | +2.4% |
| 1987 | 202,572 million SLC | +3.6% |
| 1988 | 216,390 million SLC | +6.8% |
| 1989 | 226,073 million SLC | +4.5% |
| 1990 | 228,843 million SLC | +1.2% |
| 1991 | 228,145 million SLC | -0.3% |
| 1992 | 227,655 million SLC | -0.2% |
| 1993 | 222,194 million SLC | -2.4% |
| 1994 | 237,044 million SLC | +6.7% |
| 1995 | 248,266 million SLC | +4.7% |
| 1996 | 247,223 million SLC | -0.4% |
| 1997 | 249,892 million SLC | +1.1% |
| 1998 | 253,441 million SLC | +1.4% |
| 1999 | 252,853 million SLC | -0.2% |
| 2000 | 260,178 million SLC | +2.9% |
| 2001 | 259,475 million SLC | -0.3% |
| 2002 | 258,422 million SLC | -0.4% |
| 2003 | 252,111 million SLC | -2.4% |
| 2004 | 255,977 million SLC | +1.5% |
| 2005 | 256,611 million SLC | +0.2% |
| 2006 | 269,057 million SLC | +4.9% |
| 2007 | 277,677 million SLC | +3.2% |
| 2008 | 268,442 million SLC | -3.3% |
| 2009 | 217,690 million SLC | -18.9% |
| 2010 | 239,144 million SLC | +9.9% |
| 2011 | 243,841 million SLC | +2.0% |
| 2012 | 234,171 million SLC | -4.0% |
| 2013 | 231,883 million SLC | -1.0% |
| 2014 | 231,427 million SLC | -0.2% |
| 2015 | 237,222 million SLC | +2.5% |
| 2016 | 242,022 million SLC | +2.0% |
| 2017 | 250,900 million SLC | +3.7% |
| 2018 | 253,478 million SLC | +1.0% |
| 2019 | 253,870 million SLC | +0.2% |
| 2020 | 219,066 million SLC | -13.7% |
| 2021 | 253,297 million SLC | +15.6% |
| 2022 | 260,501 million SLC | +2.8% |
| 2023 | 257,782 million SLC | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 134,206 million SLC | 101,429 million SLC | 176,892 million SLC | 10 |
| 1980s | 193,870 million SLC | 178,571 million SLC | 226,073 million SLC | 10 |
| 1990s | 239,556 million SLC | 222,194 million SLC | 253,441 million SLC | 10 |
| 2000s | 257,564 million SLC | 217,690 million SLC | 277,677 million SLC | 10 |
| 2010s | 241,796 million SLC | 231,427 million SLC | 253,870 million SLC | 10 |
| 2020s | 247,662 million SLC | 219,066 million SLC | 260,501 million SLC | 4 |
Countries ranked near Italy
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Gross domestic savings (current US$), annual growth rate 6.32 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2418 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 10,472 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.84 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.214 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 9,268 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.82 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Italy?
- Value added (total manufacturing) — value standard local currency in Italy was 257,782 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 Italy?
- The highest recorded value was 277,677 million SLC in 2007.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Italy?
- The lowest recorded value was 101,429 million SLC in 1970.
- How does Italy rank for value added (total manufacturing) — value standard local currency?
- Italy ranks 63rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Italy?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Italy 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
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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).