Value Added (Total Manufacturing) — Value Standard Local Currency in Mexico
Mexico: Value Added (Total Manufacturing) — Value Standard Local Currency was 1.96 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Mexico, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Mexico stood at 1.96 % change on previous year.
The figure is down 85.9% on the previous year and up 268.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Mexico peaked at 154.74 % change on previous year in 1987 and was at its lowest, -5.37 % change on previous year, in 2009.
That places Mexico 166th 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 Mexico, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.18 % change on previous year | — |
| 1972 | 14.13 % change on previous year | +16.0% |
| 1973 | 21.83 % change on previous year | +54.5% |
| 1974 | 31.58 % change on previous year | +44.6% |
| 1975 | 19 % change on previous year | -39.8% |
| 1976 | 23.22 % change on previous year | +22.2% |
| 1977 | 39.59 % change on previous year | +70.5% |
| 1978 | 24.88 % change on previous year | -37.2% |
| 1979 | 29.63 % change on previous year | +19.1% |
| 1980 | 37.77 % change on previous year | +27.5% |
| 1981 | 34.06 % change on previous year | -9.8% |
| 1982 | 53.22 % change on previous year | +56.2% |
| 1983 | 85.63 % change on previous year | +60.9% |
| 1984 | 75.46 % change on previous year | -11.9% |
| 1985 | 67.28 % change on previous year | -10.8% |
| 1986 | 75.53 % change on previous year | +12.3% |
| 1987 | 154.74 % change on previous year | +104.9% |
| 1988 | 112.73 % change on previous year | -27.2% |
| 1989 | 20.81 % change on previous year | -81.5% |
| 1990 | 27.56 % change on previous year | +32.4% |
| 1991 | 27.11 % change on previous year | -1.6% |
| 1992 | 16.58 % change on previous year | -38.8% |
| 1993 | 5.55 % change on previous year | -66.5% |
| 1994 | 8.51 % change on previous year | +53.2% |
| 1995 | 40.47 % change on previous year | +375.8% |
| 1996 | 41.06 % change on previous year | +1.5% |
| 1997 | 27.32 % change on previous year | -33.5% |
| 1998 | 22.1 % change on previous year | -19.1% |
| 1999 | 13.46 % change on previous year | -39.1% |
| 2000 | 15.07 % change on previous year | +12.0% |
| 2001 | 0.918 % change on previous year | -93.9% |
| 2002 | 1.1 % change on previous year | +19.3% |
| 2003 | 3.25 % change on previous year | +196.9% |
| 2004 | 12 % change on previous year | +269.0% |
| 2005 | 3.74 % change on previous year | -68.8% |
| 2006 | 16.78 % change on previous year | +348.3% |
| 2007 | 4.18 % change on previous year | -75.1% |
| 2008 | 6.79 % change on previous year | +62.5% |
| 2009 | -5.37 % change on previous year | -179.1% |
| 2010 | 12.02 % change on previous year | -323.8% |
| 2011 | 8.57 % change on previous year | -28.7% |
| 2012 | 14.77 % change on previous year | +72.3% |
| 2013 | -1.16 % change on previous year | -107.9% |
| 2014 | 7.64 % change on previous year | -758.8% |
| 2015 | 15.3 % change on previous year | +100.2% |
| 2016 | 8.11 % change on previous year | -47.0% |
| 2017 | 10.07 % change on previous year | +24.2% |
| 2018 | 7.4 % change on previous year | -26.5% |
| 2019 | 2.36 % change on previous year | -68.2% |
| 2020 | -2.75 % change on previous year | -216.7% |
| 2021 | 14.37 % change on previous year | -623.0% |
| 2022 | 13.87 % change on previous year | -3.5% |
| 2023 | 1.96 % change on previous year | -85.9% |
Mexico compared with similar countries
- Mexico's 1.96 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year, 39% of the median. (54 countries reporting)
- Mexico's 1.96 % change on previous year is below the median for Latin America & Caribbean, which is 5.11 % change on previous year, 38% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Mexico 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 |
|---|---|---|---|
| 2014 | +758.8% | -1.16 % change on previous year | 7.64 % change on previous year |
| 2021 | +623.0% | -2.75 % change on previous year | 14.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24 % change on previous year | 12.18 % change on previous year | 39.59 % change on previous year | 9 |
| 1980s | 71.72 % change on previous year | 20.81 % change on previous year | 154.74 % change on previous year | 10 |
| 1990s | 22.97 % change on previous year | 5.55 % change on previous year | 41.06 % change on previous year | 10 |
| 2000s | 5.84 % change on previous year | -5.37 % change on previous year | 16.78 % change on previous year | 10 |
| 2010s | 8.51 % change on previous year | -1.16 % change on previous year | 15.3 % change on previous year | 10 |
| 2020s | 6.86 % change on previous year | -2.75 % change on previous year | 14.37 % change on previous year | 4 |
Countries ranked near Mexico
- 163 New Caledonia 2.44 % change on previous year compare
- 164 Netherlands Antilles (former) 2.36 % change on previous year compare
- 165 Central African Republic 2.08 % change on previous year compare
- 167 Saint Vincent and the Grenadines 1.85 % change on previous year compare
- 168 Nepal 1.68 % change on previous year compare
- 169 Cook Islands 1.67 % change on previous year compare
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Mexico?
- Value added (total manufacturing) — value standard local currency in Mexico was 1.96 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Mexico?
- The highest recorded value was 154.74 % change on previous year in 1987.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Mexico?
- The lowest recorded value was -5.37 % change on previous year in 2009.
- How does Mexico rank for value added (total manufacturing) — value standard local currency?
- Mexico ranks 166th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Mexico?
- Over the last ten years it is up 268.5%. The long-run trend across the full record is volatile.
- Where does this Mexico 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.