Value Added (Total Manufacturing) — Value Standard Local Currency in Australia
Australia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0055 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Australia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Australia stood at 0.0055 million SLC per person. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 25.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Australia peaked at 0.0055 million SLC per person in 2023 and was at its lowest, 0.0007 million SLC per person, in 1970.
That places Australia 120th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Australia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0007 million SLC per person | — |
| 1971 | 0.0007 million SLC per person | +4.7% |
| 1972 | 0.0008 million SLC per person | +7.9% |
| 1973 | 0.0009 million SLC per person | +14.6% |
| 1974 | 0.001 million SLC per person | +14.0% |
| 1975 | 0.0011 million SLC per person | +12.8% |
| 1976 | 0.0013 million SLC per person | +11.4% |
| 1977 | 0.0013 million SLC per person | +6.2% |
| 1978 | 0.0014 million SLC per person | +7.8% |
| 1979 | 0.0016 million SLC per person | +12.0% |
| 1980 | 0.0018 million SLC per person | +13.2% |
| 1981 | 0.002 million SLC per person | +9.6% |
| 1982 | 0.002 million SLC per person | +0.6% |
| 1983 | 0.0022 million SLC per person | +10.7% |
| 1984 | 0.0024 million SLC per person | +8.2% |
| 1985 | 0.0026 million SLC per person | +7.7% |
| 1986 | 0.0027 million SLC per person | +3.4% |
| 1987 | 0.0029 million SLC per person | +9.5% |
| 1988 | 0.0032 million SLC per person | +7.6% |
| 1989 | 0.0033 million SLC per person | +5.2% |
| 1990 | 0.0031 million SLC per person | -7.8% |
| 1991 | 0.0031 million SLC per person | +0.7% |
| 1992 | 0.0033 million SLC per person | +6.2% |
| 1993 | 0.0035 million SLC per person | +6.8% |
| 1994 | 0.0037 million SLC per person | +4.5% |
| 1995 | 0.0037 million SLC per person | +2.4% |
| 1996 | 0.0038 million SLC per person | +0.4% |
| 1997 | 0.004 million SLC per person | +6.1% |
| 1998 | 0.004 million SLC per person | +0.1% |
| 1999 | 0.0041 million SLC per person | +2.0% |
| 2000 | 0.0041 million SLC per person | +0.3% |
| 2001 | 0.0041 million SLC per person | +1.4% |
| 2002 | 0.0045 million SLC per person | +8.1% |
| 2003 | 0.0048 million SLC per person | +6.6% |
| 2004 | 0.0048 million SLC per person | +0.6% |
| 2005 | 0.0049 million SLC per person | +2.1% |
| 2006 | 0.0049 million SLC per person | +0.9% |
| 2007 | 0.0052 million SLC per person | +5.4% |
| 2008 | 0.005 million SLC per person | -3.7% |
| 2009 | 0.0048 million SLC per person | -4.2% |
| 2010 | 0.0047 million SLC per person | -1.3% |
| 2011 | 0.0047 million SLC per person | -0.2% |
| 2012 | 0.0045 million SLC per person | -5.7% |
| 2013 | 0.0044 million SLC per person | -1.5% |
| 2014 | 0.0044 million SLC per person | -1.1% |
| 2015 | 0.0042 million SLC per person | -2.8% |
| 2016 | 0.0042 million SLC per person | -0.5% |
| 2017 | 0.0043 million SLC per person | +2.6% |
| 2018 | 0.0044 million SLC per person | +0.9% |
| 2019 | 0.0044 million SLC per person | +0.7% |
| 2020 | 0.0045 million SLC per person | +2.2% |
| 2021 | 0.0049 million SLC per person | +8.8% |
| 2022 | 0.0053 million SLC per person | +8.5% |
| 2023 | 0.0055 million SLC per person | +4.0% |
Australia compared with similar countries
- Australia's 0.0055 million SLC per person is below the median for high income countries, which is 0.0067 million SLC per person, 83% of the median. (73 countries reporting)
- Australia's 0.0055 million SLC per person is below the median for East Asia & Pacific, which is 0.0097 million SLC per person, 57% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0011 million SLC per person | 0.0007 million SLC per person | 0.0016 million SLC per person | 10 |
| 1980s | 0.0025 million SLC per person | 0.0018 million SLC per person | 0.0033 million SLC per person | 10 |
| 1990s | 0.0036 million SLC per person | 0.0031 million SLC per person | 0.0041 million SLC per person | 10 |
| 2000s | 0.0047 million SLC per person | 0.0041 million SLC per person | 0.0052 million SLC per person | 10 |
| 2010s | 0.0044 million SLC per person | 0.0042 million SLC per person | 0.0047 million SLC per person | 10 |
| 2020s | 0.005 million SLC per person | 0.0045 million SLC per person | 0.0055 million SLC per person | 4 |
Countries ranked near Australia
- 117 Belgium 0.0057 million SLC per person compare
- 118 Morocco 0.0056 million SLC per person compare
- 119 Italy 0.0055 million SLC per person compare
- 121 Belarus 0.0054 million SLC per person compare
- 122 Mauritania 0.005 million SLC per person compare
- 123 Slovakia 0.0047 million SLC per person compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Australia?
- Value added (total manufacturing) — value standard local currency in Australia was 0.0055 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Australia?
- The highest recorded value was 0.0055 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Australia?
- The lowest recorded value was 0.0007 million SLC per person in 1970.
- How does Australia rank for value added (total manufacturing) — value standard local currency?
- Australia ranks 120th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Australia?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.