Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR

China, Hong Kong SAR: Value Added (Total Manufacturing) — Value Standard Local Currency was 6.63 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.63 % change on previous year
Change on year
up 310.0%
World rank
114th
of 231 countries
All-time high
34.33 % change on previous year
in 1980
All-time low
-18.45 % change on previous year
in 2007
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, 1971–2023

-2002040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in China, Hong Kong SAR stood at 6.63 % change on previous year.

Compared with earlier readings it is up 310.0% on the previous year and up 556.7% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in China, Hong Kong SAR peaked at 34.33 % change on previous year in 1980 and was at its lowest, -18.45 % change on previous year, in 2007.

That places China, Hong Kong SAR 114th out of 231 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 China, Hong Kong SAR, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in China, Hong Kong SAR, 1971 to 2023.
Year % change on previous year Change
1971 15.49 % change on previous year —
1972 20.78 % change on previous year +34.1%
1973 28.14 % change on previous year +35.4%
1974 14.46 % change on previous year -48.6%
1975 5.07 % change on previous year -65.0%
1976 26.62 % change on previous year +425.4%
1977 17.07 % change on previous year -35.9%
1978 17.01 % change on previous year -0.3%
1979 27.98 % change on previous year +64.5%
1980 34.33 % change on previous year +22.7%
1981 17.56 % change on previous year -48.8%
1982 1.4 % change on previous year -92.0%
1983 21.97 % change on previous year +1469.4%
1984 26.89 % change on previous year +22.4%
1985 -3.58 % change on previous year -113.3%
1986 19.08 % change on previous year -632.2%
1987 20.64 % change on previous year +8.2%
1988 11.47 % change on previous year -44.4%
1989 6.98 % change on previous year -39.1%
1990 1.91 % change on previous year -72.6%
1991 -2.05 % change on previous year -207.2%
1992 2.26 % change on previous year -210.0%
1993 -7.39 % change on previous year -427.7%
1994 -5.56 % change on previous year -24.8%
1995 -3.44 % change on previous year -38.1%
1996 -2.31 % change on previous year -32.8%
1997 -2.24 % change on previous year -3.1%
1998 -11.66 % change on previous year +421.1%
1999 -7.76 % change on previous year -33.5%
2000 6.77 % change on previous year -187.2%
2001 -12.74 % change on previous year -288.3%
2002 -14.56 % change on previous year +14.3%
2003 -14.75 % change on previous year +1.3%
2004 1.14 % change on previous year -107.7%
2005 0.451 % change on previous year -60.5%
2006 0.0984 % change on previous year -78.2%
2007 -18.45 % change on previous year -18850.8%
2008 -2.65 % change on previous year -85.6%
2009 -8.86 % change on previous year +233.9%
2010 5.91 % change on previous year -166.7%
2011 0.5524 % change on previous year -90.6%
2012 0.0719 % change on previous year -87.0%
2013 -1.45 % change on previous year -2116.7%
2014 -7.53 % change on previous year +419.0%
2015 -4.19 % change on previous year -44.3%
2016 0.4791 % change on previous year -111.4%
2017 1.69 % change on previous year +253.8%
2018 0.9964 % change on previous year -41.2%
2019 6.51 % change on previous year +553.4%
2020 -13.08 % change on previous year -300.9%
2021 2.55 % change on previous year -119.5%
2022 1.62 % change on previous year -36.5%
2023 6.63 % change on previous year +310.0%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2007 -18850.8% 0.0984 % change on previous year -18.45 % change on previous year
2013 -2116.7% 0.0719 % change on previous year -1.45 % change on previous year
1983 +1469.4% 1.4 % change on previous year 21.97 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.18 % change on previous year 5.07 % change on previous year 28.14 % change on previous year 9
1980s 15.67 % change on previous year -3.58 % change on previous year 34.33 % change on previous year 10
1990s -3.82 % change on previous year -11.66 % change on previous year 2.26 % change on previous year 10
2000s -6.36 % change on previous year -18.45 % change on previous year 6.77 % change on previous year 10
2010s 0.3038 % change on previous year -7.53 % change on previous year 6.51 % change on previous year 10
2020s -0.5727 % change on previous year -13.08 % change on previous year 6.63 % change on previous year 4

Countries ranked near China, Hong Kong SAR

  1. 111 Comoros 6.88 % change on previous year compare
  2. 112 Italy 6.87 % change on previous year compare
  3. 113 Jamaica 6.76 % change on previous year compare
  4. 115 Australia 6.61 % change on previous year compare
  5. 116 Paraguay 6.48 % change on previous year compare
  6. 117 Romania 6.31 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for China, Hong Kong SAR

All data for China, Hong Kong SAR →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in China, Hong Kong SAR?
Value added (total manufacturing) — value standard local currency in China, Hong Kong SAR was 6.63 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
The highest recorded value was 34.33 % change on previous year in 1980.
What is the lowest value added (total manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
The lowest recorded value was -18.45 % change on previous year in 2007.
How does China, Hong Kong SAR rank for value added (total manufacturing) — value standard local currency?
China, Hong Kong SAR ranks 114th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in China, Hong Kong SAR?
Over the last ten years it is up 556.7%. The long-run trend across the full record is volatile.
Where does this China, Hong Kong SAR data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/china-hong-kong-sar/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/china-hong-kong-sar/">Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.