Value Added (Total Manufacturing) — Value Standard Local Currency in Sri Lanka
Sri Lanka: Value Added (Total Manufacturing) — Value Standard Local Currency was 4.69 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Sri Lanka, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Sri Lanka stood at 4.69 % change on previous year.
The figure is down 90.5% on the previous year and up 295.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Sri Lanka peaked at 85.58 % change on previous year in 1975 and was at its lowest, -0.9023 % change on previous year, in 2020.
Sri Lanka ranks 129th 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 Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.47 % change on previous year | — |
| 1972 | 11.7 % change on previous year | +237.7% |
| 1973 | 5.39 % change on previous year | -53.9% |
| 1974 | 43.84 % change on previous year | +713.0% |
| 1975 | 85.58 % change on previous year | +95.2% |
| 1976 | 9.96 % change on previous year | -88.4% |
| 1977 | 28.73 % change on previous year | +188.5% |
| 1978 | 15.02 % change on previous year | -47.7% |
| 1979 | 7.95 % change on previous year | -47.1% |
| 1980 | 6.26 % change on previous year | -21.2% |
| 1981 | 12.92 % change on previous year | +106.3% |
| 1982 | 4.39 % change on previous year | -66.0% |
| 1983 | 22.46 % change on previous year | +411.4% |
| 1984 | 35.51 % change on previous year | +58.1% |
| 1985 | 7.73 % change on previous year | -78.2% |
| 1986 | 2.8 % change on previous year | -63.7% |
| 1987 | 10.36 % change on previous year | +269.3% |
| 1988 | 17.34 % change on previous year | +67.5% |
| 1989 | 18.83 % change on previous year | +8.6% |
| 1990 | 32.66 % change on previous year | +73.5% |
| 1991 | 14.3 % change on previous year | -56.2% |
| 1992 | 15.12 % change on previous year | +5.8% |
| 1993 | 17.77 % change on previous year | +17.5% |
| 1994 | 15.64 % change on previous year | -12.0% |
| 1995 | 17.35 % change on previous year | +11.0% |
| 1996 | 17.96 % change on previous year | +3.5% |
| 1997 | 21.12 % change on previous year | +17.6% |
| 1998 | 12.1 % change on previous year | -42.7% |
| 1999 | 7.87 % change on previous year | -34.9% |
| 2000 | 16.14 % change on previous year | +105.1% |
| 2001 | 12.92 % change on previous year | -20.0% |
| 2002 | 19.51 % change on previous year | +51.0% |
| 2003 | 12.06 % change on previous year | -38.2% |
| 2004 | 15.52 % change on previous year | +28.7% |
| 2005 | 22.28 % change on previous year | +43.5% |
| 2006 | 13.44 % change on previous year | -39.7% |
| 2007 | 19.73 % change on previous year | +46.8% |
| 2008 | 25.17 % change on previous year | +27.6% |
| 2009 | 13.56 % change on previous year | -46.2% |
| 2010 | 15.39 % change on previous year | +13.6% |
| 2011 | 13.97 % change on previous year | -9.3% |
| 2012 | 27.23 % change on previous year | +95.0% |
| 2013 | 1.19 % change on previous year | -95.6% |
| 2014 | 2.97 % change on previous year | +150.6% |
| 2015 | 1.22 % change on previous year | -59.0% |
| 2016 | 9.69 % change on previous year | +694.9% |
| 2017 | 4.38 % change on previous year | -54.7% |
| 2018 | 7.72 % change on previous year | +76.0% |
| 2019 | 11.42 % change on previous year | +47.9% |
| 2020 | -0.9023 % change on previous year | -107.9% |
| 2021 | 24.17 % change on previous year | -2779.1% |
| 2022 | 49.47 % change on previous year | +104.6% |
| 2023 | 4.69 % change on previous year | -90.5% |
Sri Lanka compared with similar countries
- Sri Lanka's 4.69 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year, 93% of the median. (54 countries reporting)
- Sri Lanka's 4.69 % change on previous year is below the median for South Asia, which is 5.28 % change on previous year, 89% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Sri Lanka 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 | +2779.1% | -0.9023 % change on previous year | 24.17 % change on previous year |
| 1974 | +713.0% | 5.39 % change on previous year | 43.84 % change on previous year |
| 2016 | +694.9% | 1.22 % change on previous year | 9.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.51 % change on previous year | 3.47 % change on previous year | 85.58 % change on previous year | 9 |
| 1980s | 13.86 % change on previous year | 2.8 % change on previous year | 35.51 % change on previous year | 10 |
| 1990s | 17.19 % change on previous year | 7.87 % change on previous year | 32.66 % change on previous year | 10 |
| 2000s | 17.03 % change on previous year | 12.06 % change on previous year | 25.17 % change on previous year | 10 |
| 2010s | 9.52 % change on previous year | 1.19 % change on previous year | 27.23 % change on previous year | 10 |
| 2020s | 19.36 % change on previous year | -0.9023 % change on previous year | 49.47 % change on previous year | 4 |
Countries ranked near Sri Lanka
- 126 Guinea 5.04 % change on previous year compare
- 127 Eswatini 4.97 % change on previous year compare
- 128 Barbados 4.89 % change on previous year compare
- 130 San Marino 4.43 % change on previous year compare
- 131 Kazakhstan 4.41 % change on previous year compare
- 132 Portugal 4.39 % change on previous year compare
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- Foreign direct investment, net outflows (BoP, current US$), gaps 110.33 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0011 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 761.14 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 34.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Sri Lanka?
- Value added (total manufacturing) — value standard local currency in Sri Lanka was 4.69 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Sri Lanka?
- The highest recorded value was 85.58 % change on previous year in 1975.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Sri Lanka?
- The lowest recorded value was -0.9023 % change on previous year in 2020.
- How does Sri Lanka rank for value added (total manufacturing) — value standard local currency?
- Sri Lanka ranks 129th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Sri Lanka?
- Over the last ten years it is up 295.6%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.