Value Added (Total Manufacturing) — Value Standard Local Currency in Greece

Greece: Value Added (Total Manufacturing) — Value Standard Local Currency was 3.33 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.33 % change on previous year
Change on year
down 82.5%
World rank
147th
of 231 countries
All-time high
39.09 % change on previous year
in 1973
All-time low
-9.76 % change on previous year
in 2009
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Greece, 1971–2023

-10010203040197119972023

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

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Greece is 3.33 % change on previous year, measured in 2023.

Compared with earlier readings it is down 82.5% on the previous year and up 139.7% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Greece peaked at 39.09 % change on previous year in 1973 and was at its lowest, -9.76 % change on previous year, in 2009.

Greece ranks 147th of 231 countries on this measure, 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 Greece, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Greece, 1971 to 2023.
Year % change on previous year Change
1971 12.8 % change on previous year —
1972 11.46 % change on previous year -10.5%
1973 39.09 % change on previous year +241.2%
1974 19.11 % change on previous year -51.1%
1975 15.07 % change on previous year -21.2%
1976 24.09 % change on previous year +59.9%
1977 12.85 % change on previous year -46.7%
1978 15.67 % change on previous year +21.9%
1979 24.71 % change on previous year +57.7%
1980 24.5 % change on previous year -0.8%
1981 21.67 % change on previous year -11.6%
1982 16.97 % change on previous year -21.7%
1983 19.05 % change on previous year +12.3%
1984 22.2 % change on previous year +16.5%
1985 22.39 % change on previous year +0.9%
1986 20.59 % change on previous year -8.1%
1987 7.02 % change on previous year -65.9%
1988 18.29 % change on previous year +160.7%
1989 17.23 % change on previous year -5.8%
1990 12.23 % change on previous year -29.1%
1991 14.9 % change on previous year +21.8%
1992 11.81 % change on previous year -20.7%
1993 14.34 % change on previous year +21.4%
1994 8.1 % change on previous year -43.5%
1995 5.54 % change on previous year -31.6%
1996 4.32 % change on previous year -22.1%
1997 1.21 % change on previous year -72.0%
1998 7.18 % change on previous year +494.6%
1999 9.47 % change on previous year +31.8%
2000 4.59 % change on previous year -51.5%
2001 13.56 % change on previous year +195.3%
2002 6.47 % change on previous year -52.3%
2003 6.55 % change on previous year +1.3%
2004 4.76 % change on previous year -27.3%
2005 1.85 % change on previous year -61.1%
2006 5.36 % change on previous year +189.1%
2007 5.75 % change on previous year +7.3%
2008 2.56 % change on previous year -55.4%
2009 -9.76 % change on previous year -480.9%
2010 -6.3 % change on previous year -35.4%
2011 -7.58 % change on previous year +20.3%
2012 -8.78 % change on previous year +15.7%
2013 -8.38 % change on previous year -4.5%
2014 -0.9843 % change on previous year -88.3%
2015 6 % change on previous year -709.3%
2016 -2.76 % change on previous year -146.0%
2017 0.5508 % change on previous year -120.0%
2018 3.91 % change on previous year +609.7%
2019 -1.76 % change on previous year -145.0%
2020 -2.74 % change on previous year +55.9%
2021 13.28 % change on previous year -584.0%
2022 18.97 % change on previous year +42.8%
2023 3.33 % change on previous year -82.5%

Greece compared with similar countries

  • Greece's 3.33 % change on previous year is below the median for high income countries, which is 4.06 % change on previous year, 82% of the median. (73 countries reporting)
  • Greece's 3.33 % change on previous year is below the median for Europe & Central Asia, which is 4.42 % change on previous year, 75% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Greece 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
2015 +709.3% -0.9843 % change on previous year 6 % change on previous year
2018 +609.7% 0.5508 % change on previous year 3.91 % change on previous year
2021 +584.0% -2.74 % change on previous year 13.28 % change on previous year
1998 +494.6% 1.21 % change on previous year 7.18 % change on previous year
2009 -480.9% 2.56 % change on previous year -9.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.43 % change on previous year 11.46 % change on previous year 39.09 % change on previous year 9
1980s 18.99 % change on previous year 7.02 % change on previous year 24.5 % change on previous year 10
1990s 8.91 % change on previous year 1.21 % change on previous year 14.9 % change on previous year 10
2000s 4.17 % change on previous year -9.76 % change on previous year 13.56 % change on previous year 10
2010s -2.61 % change on previous year -8.78 % change on previous year 6 % change on previous year 10
2020s 8.21 % change on previous year -2.74 % change on previous year 18.97 % change on previous year 4

Countries ranked near Greece

  1. 144 Iceland 3.75 % change on previous year compare
  2. 145 Colombia 3.62 % change on previous year compare
  3. 146 Andorra 3.61 % change on previous year compare
  4. 148 Latvia 3.24 % change on previous year compare
  5. 149 Burundi 3.2 % change on previous year compare
  6. 150 USSR 3.05 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Greece?
Value added (total manufacturing) — value standard local currency in Greece was 3.33 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Greece?
The highest recorded value was 39.09 % change on previous year in 1973.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Greece?
The lowest recorded value was -9.76 % change on previous year in 2009.
How does Greece rank for value added (total manufacturing) — value standard local currency?
Greece ranks 147th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Greece?
Over the last ten years it is up 139.7%. The long-run trend across the full record is volatile.
Where does this Greece 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 Greece. 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/greece/

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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.