Value Added (Total Manufacturing) — Value Standard Local Currency in India
India: Value Added (Total Manufacturing) — Value Standard Local Currency was 8.01 % change on previous year in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in India, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in India is 8.01 % change on previous year, measured in 2023.
Compared with earlier readings it is up 88.9% on the previous year and down 10.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in India peaked at 28.51 % change on previous year in 1974 and was at its lowest, -3.82 % change on previous year, in 2019.
India ranks 99th of 231 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.95 % change on previous year | — |
| 1972 | 11.11 % change on previous year | +1.5% |
| 1973 | 21.01 % change on previous year | +89.1% |
| 1974 | 28.51 % change on previous year | +35.7% |
| 1975 | 4.02 % change on previous year | -85.9% |
| 1976 | 10.65 % change on previous year | +165.1% |
| 1977 | 12.01 % change on previous year | +12.8% |
| 1978 | 15.15 % change on previous year | +26.1% |
| 1979 | 14.51 % change on previous year | -4.2% |
| 1980 | 11.69 % change on previous year | -19.5% |
| 1981 | 16.71 % change on previous year | +42.9% |
| 1982 | 11.14 % change on previous year | -33.3% |
| 1983 | 17.71 % change on previous year | +59.0% |
| 1984 | 12.7 % change on previous year | -28.3% |
| 1985 | 12.17 % change on previous year | -4.2% |
| 1986 | 10.51 % change on previous year | -13.6% |
| 1987 | 14.51 % change on previous year | +38.1% |
| 1988 | 18.91 % change on previous year | +30.3% |
| 1989 | 22.61 % change on previous year | +19.5% |
| 1990 | 15.68 % change on previous year | -30.7% |
| 1991 | 8.01 % change on previous year | -48.9% |
| 1992 | 15.3 % change on previous year | +91.0% |
| 1993 | 14.95 % change on previous year | -2.3% |
| 1994 | 23.85 % change on previous year | +59.5% |
| 1995 | 24.69 % change on previous year | +3.5% |
| 1996 | 13.87 % change on previous year | -43.8% |
| 1997 | 5.12 % change on previous year | -63.1% |
| 1998 | 8.73 % change on previous year | +70.5% |
| 1999 | 5.73 % change on previous year | -34.3% |
| 2000 | 12.48 % change on previous year | +117.6% |
| 2001 | 6.08 % change on previous year | -51.3% |
| 2002 | 7.21 % change on previous year | +18.6% |
| 2003 | 12.53 % change on previous year | +73.7% |
| 2004 | 17.5 % change on previous year | +39.7% |
| 2005 | 15.04 % change on previous year | -14.0% |
| 2006 | 26.9 % change on previous year | +78.8% |
| 2007 | 12.22 % change on previous year | -54.6% |
| 2008 | 14.13 % change on previous year | +15.6% |
| 2009 | 16.02 % change on previous year | +13.4% |
| 2010 | 19.36 % change on previous year | +20.9% |
| 2011 | 7.99 % change on previous year | -58.7% |
| 2012 | 11.55 % change on previous year | +44.6% |
| 2013 | 8.94 % change on previous year | -22.6% |
| 2014 | 9.63 % change on previous year | +7.7% |
| 2015 | 14.26 % change on previous year | +48.1% |
| 2016 | 8.74 % change on previous year | -38.7% |
| 2017 | 9.98 % change on previous year | +14.2% |
| 2018 | 9.58 % change on previous year | -4.0% |
| 2019 | -3.82 % change on previous year | -139.9% |
| 2020 | 3.64 % change on previous year | -195.2% |
| 2021 | 21.01 % change on previous year | +477.7% |
| 2022 | 4.24 % change on previous year | -79.8% |
| 2023 | 8.01 % change on previous year | +88.9% |
India compared with similar countries
- India's 8.01 % change on previous year is below the median for lower middle income countries, which is 9.36 % change on previous year, 86% of the median. (44 countries reporting)
- India's 8.01 % change on previous year is above the median for South Asia, which is 5.28 % change on previous year, 1.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in India 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 |
|---|---|---|---|
| 2021 | +477.7% | 3.64 % change on previous year | 21.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.21 % change on previous year | 4.02 % change on previous year | 28.51 % change on previous year | 9 |
| 1980s | 14.87 % change on previous year | 10.51 % change on previous year | 22.61 % change on previous year | 10 |
| 1990s | 13.59 % change on previous year | 5.12 % change on previous year | 24.69 % change on previous year | 10 |
| 2000s | 14.01 % change on previous year | 6.08 % change on previous year | 26.9 % change on previous year | 10 |
| 2010s | 9.62 % change on previous year | -3.82 % change on previous year | 19.36 % change on previous year | 10 |
| 2020s | 9.23 % change on previous year | 3.64 % change on previous year | 21.01 % change on previous year | 4 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in India?
- Value added (total manufacturing) — value standard local currency in India was 8.01 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in India?
- The highest recorded value was 28.51 % change on previous year in 1974.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in India?
- The lowest recorded value was -3.82 % change on previous year in 2019.
- How does India rank for value added (total manufacturing) — value standard local currency?
- India ranks 99th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in India?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this India 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 — 53 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.