Value Added (Total Manufacturing) — Value Standard Local Currency in Portugal
Portugal: Value Added (Total Manufacturing) — Value Standard Local Currency was 18,632 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Portugal, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Portugal is 18,632 million SLC, measured in 2023.
That represents a change of down 2.1% on the previous year and down 22.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Portugal peaked at 53,572 million SLC in 2010 and was at its lowest, 15,439 million SLC, in 1970.
Portugal ranks 116th of 194 countries on this measure, 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 Portugal, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 15,439 million SLC | — |
| 1971 | 16,605 million SLC | +7.6% |
| 1972 | 18,609 million SLC | +12.1% |
| 1973 | 21,342 million SLC | +14.7% |
| 1974 | 21,996 million SLC | +3.1% |
| 1975 | 19,858 million SLC | -9.7% |
| 1976 | 20,750 million SLC | +4.5% |
| 1977 | 21,839 million SLC | +5.2% |
| 1978 | 23,002 million SLC | +5.3% |
| 1979 | 24,576 million SLC | +6.8% |
| 1980 | 25,468 million SLC | +3.6% |
| 1981 | 26,269 million SLC | +3.1% |
| 1982 | 25,995 million SLC | -1.0% |
| 1983 | 25,654 million SLC | -1.3% |
| 1984 | 24,653 million SLC | -3.9% |
| 1985 | 25,266 million SLC | +2.5% |
| 1986 | 26,842 million SLC | +6.2% |
| 1987 | 29,150 million SLC | +8.6% |
| 1988 | 31,340 million SLC | +7.5% |
| 1989 | 33,782 million SLC | +7.8% |
| 1990 | 35,413 million SLC | +4.8% |
| 1991 | 34,260 million SLC | -3.3% |
| 1992 | 33,358 million SLC | -2.6% |
| 1993 | 31,756 million SLC | -4.8% |
| 1994 | 32,890 million SLC | +3.6% |
| 1995 | 34,538 million SLC | +5.0% |
| 1996 | 28,552 million SLC | -17.3% |
| 1997 | 35,070 million SLC | +22.8% |
| 1998 | 33,741 million SLC | -3.8% |
| 1999 | 31,750 million SLC | -5.9% |
| 2000 | 30,953 million SLC | -2.5% |
| 2001 | 32,263 million SLC | +4.2% |
| 2002 | 38,071 million SLC | +18.0% |
| 2003 | 38,479 million SLC | +1.1% |
| 2004 | 37,912 million SLC | -1.5% |
| 2005 | 38,073 million SLC | +0.4% |
| 2006 | 39,475 million SLC | +3.7% |
| 2007 | 37,603 million SLC | -4.7% |
| 2008 | 40,499 million SLC | +7.7% |
| 2009 | 29,942 million SLC | -26.1% |
| 2010 | 53,572 million SLC | +78.9% |
| 2011 | 35,145 million SLC | -34.4% |
| 2012 | 22,935 million SLC | -34.7% |
| 2013 | 24,004 million SLC | +4.7% |
| 2014 | 21,433 million SLC | -10.7% |
| 2015 | 21,978 million SLC | +2.5% |
| 2016 | 20,611 million SLC | -6.2% |
| 2017 | 23,703 million SLC | +15.0% |
| 2018 | 23,445 million SLC | -1.1% |
| 2019 | 22,561 million SLC | -3.8% |
| 2020 | 16,808 million SLC | -25.5% |
| 2021 | 18,279 million SLC | +8.8% |
| 2022 | 19,025 million SLC | +4.1% |
| 2023 | 18,632 million SLC | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20,402 million SLC | 15,439 million SLC | 24,576 million SLC | 10 |
| 1980s | 27,442 million SLC | 24,653 million SLC | 33,782 million SLC | 10 |
| 1990s | 33,133 million SLC | 28,552 million SLC | 35,413 million SLC | 10 |
| 2000s | 36,327 million SLC | 29,942 million SLC | 40,499 million SLC | 10 |
| 2010s | 26,939 million SLC | 20,611 million SLC | 53,572 million SLC | 10 |
| 2020s | 18,186 million SLC | 16,808 million SLC | 19,025 million SLC | 4 |
Countries ranked near Portugal
- 113 Eswatini 19,784 million SLC compare
- 114 Trinidad and Tobago 19,438 million SLC compare
- 115 Zambia 19,063 million SLC compare
- 117 Slovakia 18,628 million SLC compare
- 118 Tajikistan 17,603 million SLC compare
- 119 Mauritania 16,999 million SLC compare
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 10.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6655 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 21,350 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.27 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.589 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 18,895 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.95 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4671 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Portugal?
- Value added (total manufacturing) — value standard local currency in Portugal was 18,632 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 Portugal?
- The highest recorded value was 53,572 million SLC in 2010.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Portugal?
- The lowest recorded value was 15,439 million SLC in 1970.
- How does Portugal rank for value added (total manufacturing) — value standard local currency?
- Portugal ranks 116th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Portugal?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is rising.
- Where does this Portugal 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).