Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia
Ethiopia: Value Added (Total Manufacturing) — Value Standard Local Currency was 49.63 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ethiopia recorded 49.63 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.
That represents a change of up 62.2% on the previous year and up 94.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ethiopia peaked at 63.2 % change on previous year in 1993 and was at its lowest, -20.55 % change on previous year, in 1991.
Ethiopia ranks 13th of 231 countries on this measure, in the top 10%.
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 Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -20.55 % change on previous year | — |
| 1992 | 4.7 % change on previous year | -122.9% |
| 1993 | 63.2 % change on previous year | +1243.8% |
| 1994 | 14.6 % change on previous year | -76.9% |
| 1995 | 36.76 % change on previous year | +151.8% |
| 1996 | 19.44 % change on previous year | -47.1% |
| 1997 | 7.22 % change on previous year | -62.8% |
| 1998 | -6.08 % change on previous year | -184.2% |
| 1999 | 17.53 % change on previous year | -388.1% |
| 2000 | 13.85 % change on previous year | -21.0% |
| 2001 | 5.01 % change on previous year | -63.8% |
| 2002 | -2.77 % change on previous year | -155.3% |
| 2003 | 10.26 % change on previous year | -470.4% |
| 2004 | 8.99 % change on previous year | -12.4% |
| 2005 | 11.07 % change on previous year | +23.1% |
| 2006 | 18.17 % change on previous year | +64.2% |
| 2007 | 28.95 % change on previous year | +59.3% |
| 2008 | 29.65 % change on previous year | +2.4% |
| 2009 | 27.69 % change on previous year | -6.6% |
| 2010 | 17 % change on previous year | -38.6% |
| 2011 | 28.35 % change on previous year | +66.8% |
| 2012 | 34.75 % change on previous year | +22.6% |
| 2013 | 25.57 % change on previous year | -26.4% |
| 2014 | 31.92 % change on previous year | +24.8% |
| 2015 | 35.02 % change on previous year | +9.7% |
| 2016 | 56.11 % change on previous year | +60.2% |
| 2017 | 27.05 % change on previous year | -51.8% |
| 2018 | 13.08 % change on previous year | -51.7% |
| 2019 | 17.41 % change on previous year | +33.1% |
| 2020 | 18.89 % change on previous year | +8.6% |
| 2021 | 11.71 % change on previous year | -38.0% |
| 2022 | 30.6 % change on previous year | +161.3% |
| 2023 | 49.63 % change on previous year | +62.2% |
Ethiopia compared with similar countries
- Ethiopia's 49.63 % change on previous year is above the median for low income countries, which is 8.73 % change on previous year, 5.7× the median. (23 countries reporting)
- Ethiopia's 49.63 % change on previous year is above the median for Sub-Saharan Africa, which is 9.06 % change on previous year, 5.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1243.8% | 4.7 % change on previous year | 63.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.2 % change on previous year | -20.55 % change on previous year | 63.2 % change on previous year | 9 |
| 2000s | 15.09 % change on previous year | -2.77 % change on previous year | 29.65 % change on previous year | 10 |
| 2010s | 28.63 % change on previous year | 13.08 % change on previous year | 56.11 % change on previous year | 10 |
| 2020s | 27.71 % change on previous year | 11.71 % change on previous year | 49.63 % change on previous year | 4 |
Countries ranked near Ethiopia
- 10 Turkey 56.34 % change on previous year compare
- 10 Türkiye 56.34 % change on previous year compare
- 12 Saint Lucia 55.11 % change on previous year compare
- 14 Sierra Leone 49.55 % change on previous year compare
- 15 China, Macao SAR 49.05 % change on previous year compare
- 16 Democratic Republic of the Congo 39.3 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Ethiopia?
- Value added (total manufacturing) — value standard local currency in Ethiopia was 49.63 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Ethiopia?
- The highest recorded value was 63.2 % change on previous year in 1993.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ethiopia?
- The lowest recorded value was -20.55 % change on previous year in 1991.
- How does Ethiopia rank for value added (total manufacturing) — value standard local currency?
- Ethiopia ranks 13th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Ethiopia?
- Over the last ten years it is up 94.1%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
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.