Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa

South Africa: Value Added (Total Manufacturing) — Value Standard Local Currency was 10.75 % change on previous year in 2023. ◆ Volatile

Latest (2023)
10.75 % change on previous year
Change on year
up 9.2%
World rank
73rd
of 231 countries
All-time high
33.16 % change on previous year
in 1980
All-time low
-6.17 % change on previous year
in 2020
Years of data
53
1971–2023

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

-100102030197119972023

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

Analysis

South Africa recorded 10.75 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

The figure is up 9.2% on the previous year and up 44.0% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in South Africa peaked at 33.16 % change on previous year in 1980 and was at its lowest, -6.17 % change on previous year, in 2020.

South Africa ranks 73rd 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 South Africa, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in South Africa, 1971 to 2023.
Year % change on previous year Change
1971 6.75 % change on previous year —
1972 9.57 % change on previous year +41.8%
1973 25.23 % change on previous year +163.7%
1974 19.62 % change on previous year -22.2%
1975 22.4 % change on previous year +14.1%
1976 14.18 % change on previous year -36.7%
1977 1.71 % change on previous year -87.9%
1978 13.03 % change on previous year +660.9%
1979 24.12 % change on previous year +85.1%
1980 33.16 % change on previous year +37.5%
1981 27.97 % change on previous year -15.6%
1982 10.68 % change on previous year -61.8%
1983 13.78 % change on previous year +29.0%
1984 14.2 % change on previous year +3.1%
1985 8.92 % change on previous year -37.2%
1986 17.7 % change on previous year +98.4%
1987 19.46 % change on previous year +10.0%
1988 21.75 % change on previous year +11.7%
1989 22.13 % change on previous year +1.8%
1990 16.34 % change on previous year -26.2%
1991 22.06 % change on previous year +35.0%
1992 15.33 % change on previous year -30.5%
1993 14.72 % change on previous year -4.0%
1994 11.36 % change on previous year -22.8%
1995 15.53 % change on previous year +36.7%
1996 7.47 % change on previous year -51.9%
1997 9.01 % change on previous year +20.6%
1998 5.42 % change on previous year -39.8%
1999 4.91 % change on previous year -9.4%
2000 16.48 % change on previous year +235.4%
2001 11.11 % change on previous year -32.6%
2002 16.92 % change on previous year +52.2%
2003 6.26 % change on previous year -63.0%
2004 7.8 % change on previous year +24.6%
2005 7.34 % change on previous year -5.9%
2006 0.5625 % change on previous year -92.3%
2007 12.92 % change on previous year +2197.7%
2008 12.49 % change on previous year -3.3%
2009 -0.5544 % change on previous year -104.4%
2010 4.47 % change on previous year -906.0%
2011 1.04 % change on previous year -76.6%
2012 4.03 % change on previous year +286.3%
2013 7.47 % change on previous year +85.2%
2014 7.84 % change on previous year +5.0%
2015 7.26 % change on previous year -7.4%
2016 7.37 % change on previous year +1.5%
2017 6.94 % change on previous year -5.8%
2018 5.14 % change on previous year -25.9%
2019 4.41 % change on previous year -14.2%
2020 -6.17 % change on previous year -239.8%
2021 13.09 % change on previous year -312.2%
2022 9.85 % change on previous year -24.8%
2023 10.75 % change on previous year +9.2%

South Africa compared with similar countries

  • South Africa's 10.75 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 2.1× the median. (54 countries reporting)
  • South Africa's 10.75 % change on previous year is above the median for Sub-Saharan Africa, which is 9.06 % change on previous year, 1.2× the median. (45 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa 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 +2197.7% 0.5625 % change on previous year 12.92 % change on previous year
2010 +906.0% -0.5544 % change on previous year 4.47 % change on previous year
1978 +660.9% 1.71 % change on previous year 13.03 % change on previous year
2021 +312.2% -6.17 % change on previous year 13.09 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.18 % change on previous year 1.71 % change on previous year 25.23 % change on previous year 9
1980s 18.98 % change on previous year 8.92 % change on previous year 33.16 % change on previous year 10
1990s 12.21 % change on previous year 4.91 % change on previous year 22.06 % change on previous year 10
2000s 9.13 % change on previous year -0.5544 % change on previous year 16.92 % change on previous year 10
2010s 5.6 % change on previous year 1.04 % change on previous year 7.84 % change on previous year 10
2020s 6.88 % change on previous year -6.17 % change on previous year 13.09 % change on previous year 4

Countries ranked near South Africa

  1. 70 Czechia 11.53 % change on previous year compare
  2. 71 Kiribati 11.24 % change on previous year compare
  3. 72 Kyrgyzstan 11.21 % change on previous year compare
  4. 74 Slovenia 10.5 % change on previous year compare
  5. 75 Norway 10.29 % change on previous year compare
  6. 76 Malta 10.22 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for South Africa

All data for South Africa →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in South Africa?
Value added (total manufacturing) — value standard local currency in South Africa was 10.75 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in South Africa?
The highest recorded value was 33.16 % change on previous year in 1980.
What is the lowest value added (total manufacturing) — value standard local currency recorded in South Africa?
The lowest recorded value was -6.17 % change on previous year in 2020.
How does South Africa rank for value added (total manufacturing) — value standard local currency?
South Africa ranks 73rd out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in South Africa?
Over the last ten years it is up 44.0%. The long-run trend across the full record is volatile.
Where does this South Africa 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 South Africa. 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/south-africa/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/south-africa/">Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa</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.