Value Added (Total Manufacturing) — Value Standard Local Currency in Russia
Russia: Value Added (Total Manufacturing) — Value Standard Local Currency was 12.26 million million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Russia, 1991–2023
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 Russia stood at 12.26 million million SLC.
Compared with earlier readings it is up 2.1% on the previous year and up 19.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Russia peaked at 12.32 million million SLC in 2021 and was at its lowest, 5.35 million million SLC, in 1998.
Russia ranks 19th of 223 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 33 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Russia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 10.50 million million SLC | — |
| 1992 | 8.62 million million SLC | -17.9% |
| 1993 | 7.37 million million SLC | -14.4% |
| 1994 | 5.90 million million SLC | -20.0% |
| 1995 | 5.69 million million SLC | -3.5% |
| 1996 | 5.53 million million SLC | -2.7% |
| 1997 | 5.63 million million SLC | +1.8% |
| 1998 | 5.35 million million SLC | -5.0% |
| 1999 | 5.88 million million SLC | +9.9% |
| 2000 | 6.55 million million SLC | +11.3% |
| 2001 | 6.84 million million SLC | +4.5% |
| 2002 | 7.12 million million SLC | +4.1% |
| 2003 | 7.75 million million SLC | +8.8% |
| 2004 | 8.37 million million SLC | +8.1% |
| 2005 | 8.74 million million SLC | +4.4% |
| 2006 | 9.32 million million SLC | +6.6% |
| 2007 | 10.02 million million SLC | +7.5% |
| 2008 | 9.81 million million SLC | -2.1% |
| 2009 | 8.37 million million SLC | -14.6% |
| 2010 | 9.09 million million SLC | +8.6% |
| 2011 | 9.66 million million SLC | +6.2% |
| 2012 | 10.16 million million SLC | +5.2% |
| 2013 | 10.31 million million SLC | +1.4% |
| 2014 | 10.38 million million SLC | +0.8% |
| 2015 | 10.29 million million SLC | -0.9% |
| 2016 | 10.40 million million SLC | +1.1% |
| 2017 | 10.86 million million SLC | +4.4% |
| 2018 | 11.29 million million SLC | +4.0% |
| 2019 | 11.61 million million SLC | +2.9% |
| 2020 | 11.63 million million SLC | +0.1% |
| 2021 | 12.32 million million SLC | +6.0% |
| 2022 | 12.02 million million SLC | -2.5% |
| 2023 | 12.26 million million SLC | +2.1% |
Russia compared with similar countries
- Russia's 12.26 million million SLC is above the median for high income countries, which is 19,899 million SLC, 616.3× the median. (73 countries reporting)
- Russia's 12.26 million million SLC is above the median for Europe & Central Asia, which is 63,440 million SLC, 193.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.72 million million SLC | 5.35 million million SLC | 10.50 million million SLC | 9 |
| 2000s | 8.29 million million SLC | 6.55 million million SLC | 10.02 million million SLC | 10 |
| 2010s | 10.41 million million SLC | 9.09 million million SLC | 11.61 million million SLC | 10 |
| 2020s | 12.06 million million SLC | 11.63 million million SLC | 12.32 million million SLC | 4 |
Countries ranked near Russia
- 16 Lao People's Democratic Republic 14.97 million million SLC compare
- 16 Laos 14.97 million million SLC compare
- 18 United Republic of Tanzania 12.45 million million SLC compare
- 19 Russian Federation 12.26 million million SLC compare
- 21 Guinea 12.21 million million SLC compare
- 22 Iraq 10.67 million million SLC compare
More economy & growth data for Russia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.58 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 73.7 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 22.93 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 345.24 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 159.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.87 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Russia?
- Value added (total manufacturing) — value standard local currency in Russia was 12.26 million 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 Russia?
- The highest recorded value was 12.32 million million SLC in 2021.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Russia?
- The lowest recorded value was 5.35 million million SLC in 1998.
- How does Russia rank for value added (total manufacturing) — value standard local currency?
- Russia ranks 19th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Russia?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Russia 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 — 33 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).