Value Added (Total Manufacturing) — Value Standard Local Currency in Austria
Austria: Value Added (Total Manufacturing) — Value Standard Local Currency was 75,111 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Austria, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Austria recorded 75,111 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 3.8% on the previous year and up 36.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Austria peaked at 75,111 million SLC in 2023 and was at its lowest, 8,311 million SLC, in 1970.
That places Austria 120th 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 Austria, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,311 million SLC | — |
| 1971 | 9,241 million SLC | +11.2% |
| 1972 | 10,381 million SLC | +12.3% |
| 1973 | 10,934 million SLC | +5.3% |
| 1974 | 12,501 million SLC | +14.3% |
| 1975 | 12,314 million SLC | -1.5% |
| 1976 | 12,463 million SLC | +1.2% |
| 1977 | 13,389 million SLC | +7.4% |
| 1978 | 14,399 million SLC | +7.5% |
| 1979 | 15,337 million SLC | +6.5% |
| 1980 | 16,359 million SLC | +6.7% |
| 1981 | 17,063 million SLC | +4.3% |
| 1982 | 17,793 million SLC | +4.3% |
| 1983 | 18,886 million SLC | +6.1% |
| 1984 | 19,470 million SLC | +3.1% |
| 1985 | 20,884 million SLC | +7.3% |
| 1986 | 21,986 million SLC | +5.3% |
| 1987 | 22,146 million SLC | +0.7% |
| 1988 | 23,337 million SLC | +5.4% |
| 1989 | 24,834 million SLC | +6.4% |
| 1990 | 26,934 million SLC | +8.5% |
| 1991 | 28,272 million SLC | +5.0% |
| 1992 | 28,789 million SLC | +1.8% |
| 1993 | 28,098 million SLC | -2.4% |
| 1994 | 29,325 million SLC | +4.4% |
| 1995 | 32,548 million SLC | +11.0% |
| 1996 | 33,062 million SLC | +1.6% |
| 1997 | 34,380 million SLC | +4.0% |
| 1998 | 35,623 million SLC | +3.6% |
| 1999 | 37,387 million SLC | +5.0% |
| 2000 | 39,777 million SLC | +6.4% |
| 2001 | 41,388 million SLC | +4.1% |
| 2002 | 41,166 million SLC | -0.5% |
| 2003 | 41,408 million SLC | +0.6% |
| 2004 | 42,821 million SLC | +3.4% |
| 2005 | 45,046 million SLC | +5.2% |
| 2006 | 48,608 million SLC | +7.9% |
| 2007 | 52,346 million SLC | +7.7% |
| 2008 | 52,216 million SLC | -0.2% |
| 2009 | 48,153 million SLC | -7.8% |
| 2010 | 50,032 million SLC | +3.9% |
| 2011 | 52,834 million SLC | +5.6% |
| 2012 | 54,632 million SLC | +3.4% |
| 2013 | 54,944 million SLC | +0.6% |
| 2014 | 56,736 million SLC | +3.3% |
| 2015 | 58,985 million SLC | +4.0% |
| 2016 | 62,840 million SLC | +6.5% |
| 2017 | 64,066 million SLC | +2.0% |
| 2018 | 66,380 million SLC | +3.6% |
| 2019 | 67,675 million SLC | +1.9% |
| 2020 | 63,123 million SLC | -6.7% |
| 2021 | 68,970 million SLC | +9.3% |
| 2022 | 72,357 million SLC | +4.9% |
| 2023 | 75,111 million SLC | +3.8% |
Austria compared with similar countries
- Austria's 75,111 million SLC is above the median for high income countries, which is 31,737 million SLC, 2.4× the median. (73 countries reporting)
- Austria's 75,111 million SLC is above the median for Europe & Central Asia, which is 71,112 million SLC, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,927 million SLC | 8,311 million SLC | 15,337 million SLC | 10 |
| 1980s | 20,276 million SLC | 16,359 million SLC | 24,834 million SLC | 10 |
| 1990s | 31,442 million SLC | 26,934 million SLC | 37,387 million SLC | 10 |
| 2000s | 45,293 million SLC | 39,777 million SLC | 52,346 million SLC | 10 |
| 2010s | 58,912 million SLC | 50,032 million SLC | 67,675 million SLC | 10 |
| 2020s | 69,890 million SLC | 63,123 million SLC | 75,111 million SLC | 4 |
Countries ranked near Austria
More economy & growth data for Austria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.801 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.9157 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -6.07 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -658.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -11.68 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -185.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,269 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 50.93 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Austria?
- Value added (total manufacturing) — value standard local currency in Austria was 75,111 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 Austria?
- The highest recorded value was 75,111 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Austria?
- The lowest recorded value was 8,311 million SLC in 1970.
- How does Austria rank for value added (total manufacturing) — value standard local currency?
- Austria ranks 120th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Austria?
- Over the last ten years it is up 36.7%. The long-run trend across the full record is volatile.
- Where does this Austria 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).