Value Added (Total Manufacturing) — Value Standard Local Currency in United States of America
United States of America: Value Added (Total Manufacturing) — Value Standard Local Currency was 2.31 million million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in United States of America, 1970–2023
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 United States of America stood at 2.31 million million SLC. That is the highest value across all 54 years on record.
That represents a change of up 0.3% on the previous year and up 11.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in United States of America peaked at 2.31 million million SLC in 2023 and was at its lowest, 780,186 million SLC, in 1970.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in United States of America, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 780,186 million SLC | — |
| 1971 | 790,486 million SLC | +1.3% |
| 1972 | 847,937 million SLC | +7.3% |
| 1973 | 927,250 million SLC | +9.4% |
| 1974 | 891,141 million SLC | -3.9% |
| 1975 | 838,195 million SLC | -5.9% |
| 1976 | 902,611 million SLC | +7.7% |
| 1977 | 941,021 million SLC | +4.3% |
| 1978 | 980,503 million SLC | +4.2% |
| 1979 | 988,322 million SLC | +0.8% |
| 1980 | 921,024 million SLC | -6.8% |
| 1981 | 951,789 million SLC | +3.3% |
| 1982 | 903,334 million SLC | -5.1% |
| 1983 | 931,407 million SLC | +3.1% |
| 1984 | 1.00 million million SLC | +7.9% |
| 1985 | 1.03 million million SLC | +2.6% |
| 1986 | 1.04 million million SLC | +0.9% |
| 1987 | 1.12 million million SLC | +7.5% |
| 1988 | 1.20 million million SLC | +7.1% |
| 1989 | 1.19 million million SLC | -0.8% |
| 1990 | 1.18 million million SLC | -0.8% |
| 1991 | 1.14 million million SLC | -3.3% |
| 1992 | 1.16 million million SLC | +1.8% |
| 1993 | 1.20 million million SLC | +3.5% |
| 1994 | 1.29 million million SLC | +7.4% |
| 1995 | 1.37 million million SLC | +6.5% |
| 1996 | 1.41 million million SLC | +2.4% |
| 1997 | 1.48 million million SLC | +5.1% |
| 1998 | 1.54 million million SLC | +4.1% |
| 1999 | 1.63 million million SLC | +5.6% |
| 2000 | 1.74 million million SLC | +7.1% |
| 2001 | 1.67 million million SLC | -4.0% |
| 2002 | 1.69 million million SLC | +0.9% |
| 2003 | 1.78 million million SLC | +5.6% |
| 2004 | 1.91 million million SLC | +7.1% |
| 2005 | 1.97 million million SLC | +3.0% |
| 2006 | 2.08 million million SLC | +5.8% |
| 2007 | 2.15 million million SLC | +3.4% |
| 2008 | 2.11 million million SLC | -2.1% |
| 2009 | 1.91 million million SLC | -9.4% |
| 2010 | 2.02 million million SLC | +5.7% |
| 2011 | 2.03 million million SLC | +0.5% |
| 2012 | 2.01 million million SLC | -0.6% |
| 2013 | 2.08 million million SLC | +3.2% |
| 2014 | 2.11 million million SLC | +1.7% |
| 2015 | 2.14 million million SLC | +1.3% |
| 2016 | 2.14 million million SLC | -0.2% |
| 2017 | 2.10 million million SLC | -1.6% |
| 2018 | 2.21 million million SLC | +4.9% |
| 2019 | 2.22 million million SLC | +0.5% |
| 2020 | 2.12 million million SLC | -4.3% |
| 2021 | 2.28 million million SLC | +7.6% |
| 2022 | 2.30 million million SLC | +0.9% |
| 2023 | 2.31 million million SLC | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 888,765 million SLC | 780,186 million SLC | 988,322 million SLC | 10 |
| 1980s | 1.03 million million SLC | 903,334 million SLC | 1.20 million million SLC | 10 |
| 1990s | 1.34 million million SLC | 1.14 million million SLC | 1.63 million million SLC | 10 |
| 2000s | 1.90 million million SLC | 1.67 million million SLC | 2.15 million million SLC | 10 |
| 2010s | 2.11 million million SLC | 2.01 million million SLC | 2.22 million million SLC | 10 |
| 2020s | 2.26 million million SLC | 2.12 million million SLC | 2.31 million million SLC | 4 |
Countries ranked near United States of America
- 1 Côte d'Ivoire 5.50 million million SLC compare
- 1 Indonesia 3.14 billion million SLC compare
- 1 Iran (Islamic Republic of) 2.34 billion million SLC compare
- 2 Republic of Korea 582.28 million million SLC compare
- 2 Viet Nam 2.05 billion million SLC compare
- 3 Cabo Verde 10,870 million SLC compare
- 3 Japan 120.47 million million SLC compare
- 3 Lao People's Democratic Republic 14.97 million million SLC compare
- 4 Colombia 117.33 million million SLC compare
- 4 United Republic of Tanzania 12.45 million million SLC compare
- 5 Democratic Republic of the Congo 7.15 million million SLC compare
- 5 Uzbekistan 46.75 million million SLC compare
More economy & growth data for United States of America
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.43 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.14 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.43 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.14 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.22 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 21.57 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.22 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.57 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5.04 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.04 million million SLC (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in United States of America?
- Value added (total manufacturing) — value standard local currency in United States of America was 2.31 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 United States of America?
- The highest recorded value was 2.31 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in United States of America?
- The lowest recorded value was 780,186 million SLC in 1970.
- How does United States of America rank for value added (total manufacturing) — value standard local currency?
- United States of America ranks 2nd out of 3 groups with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in United States of America?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this United States of America 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).