Value Added (Total Manufacturing) — Value Standard Local Currency in Australia
Australia: Value Added (Total Manufacturing) — Value Standard Local Currency was 146,778 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Australia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Australia recorded 146,778 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 6.6% on the previous year and up 44.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Australia peaked at 146,778 million SLC in 2023 and was at its lowest, 8,452 million SLC, in 1970.
Australia ranks 105th 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 Australia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,452 million SLC | — |
| 1971 | 9,151 million SLC | +8.3% |
| 1972 | 10,060 million SLC | +9.9% |
| 1973 | 11,709 million SLC | +16.4% |
| 1974 | 13,696 million SLC | +17.0% |
| 1975 | 15,646 million SLC | +14.2% |
| 1976 | 17,611 million SLC | +12.6% |
| 1977 | 18,909 million SLC | +7.4% |
| 1978 | 20,616 million SLC | +9.0% |
| 1979 | 23,345 million SLC | +13.2% |
| 1980 | 26,740 million SLC | +14.5% |
| 1981 | 29,778 million SLC | +11.4% |
| 1982 | 30,487 million SLC | +2.4% |
| 1983 | 34,214 million SLC | +12.2% |
| 1984 | 37,480 million SLC | +9.5% |
| 1985 | 40,891 million SLC | +9.1% |
| 1986 | 42,885 million SLC | +4.9% |
| 1987 | 47,684 million SLC | +11.2% |
| 1988 | 52,132 million SLC | +9.3% |
| 1989 | 55,803 million SLC | +7.0% |
| 1990 | 52,193 million SLC | -6.5% |
| 1991 | 53,241 million SLC | +2.0% |
| 1992 | 57,184 million SLC | +7.4% |
| 1993 | 61,616 million SLC | +7.8% |
| 1994 | 65,028 million SLC | +5.5% |
| 1995 | 67,360 million SLC | +3.6% |
| 1996 | 68,439 million SLC | +1.6% |
| 1997 | 73,432 million SLC | +7.3% |
| 1998 | 74,215 million SLC | +1.1% |
| 1999 | 76,557 million SLC | +3.2% |
| 2000 | 77,647 million SLC | +1.4% |
| 2001 | 79,760 million SLC | +2.7% |
| 2002 | 87,170 million SLC | +9.3% |
| 2003 | 93,957 million SLC | +7.8% |
| 2004 | 95,554 million SLC | +1.7% |
| 2005 | 98,767 million SLC | +3.4% |
| 2006 | 101,053 million SLC | +2.3% |
| 2007 | 108,454 million SLC | +7.3% |
| 2008 | 106,557 million SLC | -1.7% |
| 2009 | 104,187 million SLC | -2.2% |
| 2010 | 104,474 million SLC | +0.3% |
| 2011 | 105,747 million SLC | +1.2% |
| 2012 | 101,521 million SLC | -4.0% |
| 2013 | 101,764 million SLC | +0.2% |
| 2014 | 102,197 million SLC | +0.4% |
| 2015 | 100,772 million SLC | -1.4% |
| 2016 | 101,822 million SLC | +1.0% |
| 2017 | 106,188 million SLC | +4.3% |
| 2018 | 108,783 million SLC | +2.4% |
| 2019 | 111,142 million SLC | +2.2% |
| 2020 | 114,985 million SLC | +3.5% |
| 2021 | 125,255 million SLC | +8.9% |
| 2022 | 137,683 million SLC | +9.9% |
| 2023 | 146,778 million SLC | +6.6% |
Australia compared with similar countries
- Australia's 146,778 million SLC is above the median for high income countries, which is 31,737 million SLC, 4.6× the median. (73 countries reporting)
- Australia's 146,778 million SLC is above the median for East Asia & Pacific, which is 35,640 million SLC, 4.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14,920 million SLC | 8,452 million SLC | 23,345 million SLC | 10 |
| 1980s | 39,809 million SLC | 26,740 million SLC | 55,803 million SLC | 10 |
| 1990s | 64,926 million SLC | 52,193 million SLC | 76,557 million SLC | 10 |
| 2000s | 95,311 million SLC | 77,647 million SLC | 108,454 million SLC | 10 |
| 2010s | 104,441 million SLC | 100,772 million SLC | 111,142 million SLC | 10 |
| 2020s | 131,175 million SLC | 114,985 million SLC | 146,778 million SLC | 4 |
Countries ranked near Australia
- 102 Guinea-Bissau 158,471 million SLC compare
- 103 Kyrgyzstan 154,878 million SLC compare
- 104 Ireland 150,120 million SLC compare
- 106 Switzerland 143,346 million SLC compare
- 107 Albania 136,439 million SLC compare
- 108 Honduras 129,683 million SLC compare
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % 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 146,778 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Australia?
- The highest recorded value was 146,778 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Australia?
- The lowest recorded value was 8,452 million SLC in 1970.
- How does Australia rank for value added (total manufacturing) — value standard local currency?
- Australia ranks 105th out of 231 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 44.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).