Value Added (Total Manufacturing) — Value Standard Local Currency in Saudi Arabia
Saudi Arabia: Value Added (Total Manufacturing) — Value Standard Local Currency was 347,177 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Saudi Arabia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Saudi Arabia recorded 347,177 million SLC for value added (total manufacturing) — value standard local currency in 2023.
The figure is down 3.5% on the previous year and up 28.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Saudi Arabia peaked at 359,611 million SLC in 2022 and was at its lowest, 23,296 million SLC, in 1970.
That places Saudi Arabia 61st 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 Saudi Arabia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 23,296 million SLC | — |
| 1971 | 23,752 million SLC | +2.0% |
| 1972 | 25,058 million SLC | +5.5% |
| 1973 | 27,145 million SLC | +8.3% |
| 1974 | 29,434 million SLC | +8.4% |
| 1975 | 27,942 million SLC | -5.1% |
| 1976 | 30,752 million SLC | +10.1% |
| 1977 | 32,986 million SLC | +7.3% |
| 1978 | 35,674 million SLC | +8.1% |
| 1979 | 39,030 million SLC | +9.4% |
| 1980 | 40,885 million SLC | +4.8% |
| 1981 | 44,097 million SLC | +7.9% |
| 1982 | 47,779 million SLC | +8.4% |
| 1983 | 51,541 million SLC | +7.9% |
| 1984 | 57,280 million SLC | +11.1% |
| 1985 | 62,929 million SLC | +9.9% |
| 1986 | 63,668 million SLC | +1.2% |
| 1987 | 63,612 million SLC | -0.1% |
| 1988 | 65,912 million SLC | +3.6% |
| 1989 | 66,142 million SLC | +0.3% |
| 1990 | 68,961 million SLC | +4.3% |
| 1991 | 69,263 million SLC | +0.4% |
| 1992 | 71,795 million SLC | +3.7% |
| 1993 | 74,612 million SLC | +3.9% |
| 1994 | 78,474 million SLC | +5.2% |
| 1995 | 84,282 million SLC | +7.4% |
| 1996 | 96,314 million SLC | +14.3% |
| 1997 | 100,662 million SLC | +4.5% |
| 1998 | 102,319 million SLC | +1.6% |
| 1999 | 106,363 million SLC | +4.0% |
| 2000 | 111,557 million SLC | +4.9% |
| 2001 | 116,311 million SLC | +4.3% |
| 2002 | 120,451 million SLC | +3.6% |
| 2003 | 129,794 million SLC | +7.8% |
| 2004 | 147,773 million SLC | +13.9% |
| 2005 | 158,445 million SLC | +7.2% |
| 2006 | 172,231 million SLC | +8.7% |
| 2007 | 186,656 million SLC | +8.4% |
| 2008 | 204,359 million SLC | +9.5% |
| 2009 | 208,462 million SLC | +2.0% |
| 2010 | 225,300 million SLC | +8.1% |
| 2011 | 249,624 million SLC | +10.8% |
| 2012 | 260,137 million SLC | +4.2% |
| 2013 | 270,463 million SLC | +4.0% |
| 2014 | 298,783 million SLC | +10.5% |
| 2015 | 322,197 million SLC | +7.8% |
| 2016 | 333,705 million SLC | +3.6% |
| 2017 | 343,969 million SLC | +3.1% |
| 2018 | 334,744 million SLC | -2.7% |
| 2019 | 335,215 million SLC | +0.1% |
| 2020 | 306,968 million SLC | -8.4% |
| 2021 | 333,572 million SLC | +8.7% |
| 2022 | 359,611 million SLC | +7.8% |
| 2023 | 347,177 million SLC | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29,507 million SLC | 23,296 million SLC | 39,030 million SLC | 10 |
| 1980s | 56,384 million SLC | 40,885 million SLC | 66,142 million SLC | 10 |
| 1990s | 85,304 million SLC | 68,961 million SLC | 106,363 million SLC | 10 |
| 2000s | 155,604 million SLC | 111,557 million SLC | 208,462 million SLC | 10 |
| 2010s | 297,414 million SLC | 225,300 million SLC | 343,969 million SLC | 10 |
| 2020s | 336,832 million SLC | 306,968 million SLC | 359,611 million SLC | 4 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.54 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 122,373 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.53 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7161 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 24,731 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.53 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 3.64 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Saudi Arabia?
- Value added (total manufacturing) — value standard local currency in Saudi Arabia was 347,177 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 Saudi Arabia?
- The highest recorded value was 359,611 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Saudi Arabia?
- The lowest recorded value was 23,296 million SLC in 1970.
- How does Saudi Arabia rank for value added (total manufacturing) — value standard local currency?
- Saudi Arabia ranks 61st out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Saudi Arabia?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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).