Value Added (Total Manufacturing) — Value Standard Local Currency in Sri Lanka
Sri Lanka: Value Added (Total Manufacturing) — Value Standard Local Currency was 1.90 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Sri Lanka, 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 Sri Lanka is 1.90 million million SLC, measured in 2023.
Compared with earlier readings it is down 3.2% on the previous year and up 9.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Sri Lanka peaked at 2.25 million million SLC in 2021 and was at its lowest, 193,440 million SLC, in 1970.
Sri Lanka ranks 33rd of 194 countries on this measure, in the top quarter.
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 Sri Lanka, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 193,440 million SLC | — |
| 1971 | 206,574 million SLC | +6.8% |
| 1972 | 200,035 million SLC | -3.2% |
| 1973 | 205,742 million SLC | +2.9% |
| 1974 | 264,872 million SLC | +28.7% |
| 1975 | 282,451 million SLC | +6.6% |
| 1976 | 280,230 million SLC | -0.8% |
| 1977 | 286,961 million SLC | +2.4% |
| 1978 | 291,551 million SLC | +1.6% |
| 1979 | 323,810 million SLC | +11.1% |
| 1980 | 300,256 million SLC | -7.3% |
| 1981 | 311,118 million SLC | +3.6% |
| 1982 | 309,178 million SLC | -0.6% |
| 1983 | 299,938 million SLC | -3.0% |
| 1984 | 352,443 million SLC | +17.5% |
| 1985 | 374,184 million SLC | +6.2% |
| 1986 | 396,817 million SLC | +6.0% |
| 1987 | 410,617 million SLC | +3.5% |
| 1988 | 420,851 million SLC | +2.5% |
| 1989 | 434,269 million SLC | +3.2% |
| 1990 | 474,652 million SLC | +9.3% |
| 1991 | 511,661 million SLC | +7.8% |
| 1992 | 557,638 million SLC | +9.0% |
| 1993 | 610,560 million SLC | +9.5% |
| 1994 | 662,429 million SLC | +8.5% |
| 1995 | 717,381 million SLC | +8.3% |
| 1996 | 767,280 million SLC | +7.0% |
| 1997 | 841,221 million SLC | +9.6% |
| 1998 | 891,422 million SLC | +6.0% |
| 1999 | 924,598 million SLC | +3.7% |
| 2000 | 1.02 million million SLC | +10.1% |
| 2001 | 985,114 million SLC | -3.2% |
| 2002 | 999,260 million SLC | +1.4% |
| 2003 | 1.04 million million SLC | +3.9% |
| 2004 | 1.09 million million SLC | +5.2% |
| 2005 | 1.16 million million SLC | +6.2% |
| 2006 | 1.18 million million SLC | +1.4% |
| 2007 | 1.28 million million SLC | +8.8% |
| 2008 | 1.40 million million SLC | +9.8% |
| 2009 | 1.49 million million SLC | +6.1% |
| 2010 | 1.60 million million SLC | +7.5% |
| 2011 | 1.66 million million SLC | +3.4% |
| 2012 | 1.70 million million SLC | +2.9% |
| 2013 | 1.74 million million SLC | +2.2% |
| 2014 | 1.78 million million SLC | +2.3% |
| 2015 | 1.87 million million SLC | +5.0% |
| 2016 | 1.94 million million SLC | +3.4% |
| 2017 | 2.03 million million SLC | +4.8% |
| 2018 | 2.10 million million SLC | +3.8% |
| 2019 | 2.15 million million SLC | +2.0% |
| 2020 | 2.09 million million SLC | -2.6% |
| 2021 | 2.25 million million SLC | +7.4% |
| 2022 | 1.96 million million SLC | -12.7% |
| 2023 | 1.90 million million SLC | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 253,567 million SLC | 193,440 million SLC | 323,810 million SLC | 10 |
| 1980s | 360,967 million SLC | 299,938 million SLC | 434,269 million SLC | 10 |
| 1990s | 695,884 million SLC | 474,652 million SLC | 924,598 million SLC | 10 |
| 2000s | 1.16 million million SLC | 985,114 million SLC | 1.49 million million SLC | 10 |
| 2010s | 1.86 million million SLC | 1.60 million million SLC | 2.15 million million SLC | 10 |
| 2020s | 2.05 million million SLC | 1.90 million million SLC | 2.25 million million SLC | 4 |
Countries ranked near Sri Lanka
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- GDP (current US$), annual growth rate 9.24 % change on previous year (2025)
- GDP (current US$), per capita 5,002 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.82 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 300.95 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.51 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.95 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8875 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,439 constant 2015 US$ per person (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Sri Lanka?
- Value added (total manufacturing) — value standard local currency in Sri Lanka was 1.90 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 Sri Lanka?
- The highest recorded value was 2.25 million million SLC in 2021.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Sri Lanka?
- The lowest recorded value was 193,440 million SLC in 1970.
- How does Sri Lanka rank for value added (total manufacturing) — value standard local currency?
- Sri Lanka ranks 33rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Sri Lanka?
- Over the last ten years it is up 9.1%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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).