Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR
China, Hong Kong SAR: Value Added (Total Manufacturing) — Value Standard Local Currency was 28,360 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in China, Hong Kong SAR is 28,360 million SLC, measured in 2023.
The figure is up 6.6% on the previous year and down 6.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in China, Hong Kong SAR peaked at 87,507 million SLC in 1992 and was at its lowest, 4,389 million SLC, in 1970.
China, Hong Kong SAR ranks 117th of 202 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 China, Hong Kong SAR, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,389 million SLC | — |
| 1971 | 5,069 million SLC | +15.5% |
| 1972 | 6,122 million SLC | +20.8% |
| 1973 | 7,845 million SLC | +28.1% |
| 1974 | 8,979 million SLC | +14.5% |
| 1975 | 9,434 million SLC | +5.1% |
| 1976 | 11,946 million SLC | +26.6% |
| 1977 | 13,985 million SLC | +17.1% |
| 1978 | 16,364 million SLC | +17.0% |
| 1979 | 20,943 million SLC | +28.0% |
| 1980 | 28,133 million SLC | +34.3% |
| 1981 | 33,074 million SLC | +17.6% |
| 1982 | 33,537 million SLC | +1.4% |
| 1983 | 40,903 million SLC | +22.0% |
| 1984 | 51,902 million SLC | +26.9% |
| 1985 | 50,042 million SLC | -3.6% |
| 1986 | 59,588 million SLC | +19.1% |
| 1987 | 71,890 million SLC | +20.6% |
| 1988 | 80,134 million SLC | +11.5% |
| 1989 | 85,729 million SLC | +7.0% |
| 1990 | 87,369 million SLC | +1.9% |
| 1991 | 85,576 million SLC | -2.1% |
| 1992 | 87,507 million SLC | +2.3% |
| 1993 | 81,037 million SLC | -7.4% |
| 1994 | 76,530 million SLC | -5.6% |
| 1995 | 73,896 million SLC | -3.4% |
| 1996 | 72,189 million SLC | -2.3% |
| 1997 | 70,574 million SLC | -2.2% |
| 1998 | 62,343 million SLC | -11.7% |
| 1999 | 57,507 million SLC | -7.8% |
| 2000 | 61,399 million SLC | +6.8% |
| 2001 | 53,575 million SLC | -12.7% |
| 2002 | 45,773 million SLC | -14.6% |
| 2003 | 39,022 million SLC | -14.7% |
| 2004 | 39,468 million SLC | +1.1% |
| 2005 | 39,646 million SLC | +0.5% |
| 2006 | 39,685 million SLC | +0.1% |
| 2007 | 32,365 million SLC | -18.4% |
| 2008 | 31,506 million SLC | -2.7% |
| 2009 | 28,714 million SLC | -8.9% |
| 2010 | 30,410 million SLC | +5.9% |
| 2011 | 30,578 million SLC | +0.6% |
| 2012 | 30,600 million SLC | +0.1% |
| 2013 | 30,156 million SLC | -1.5% |
| 2014 | 27,885 million SLC | -7.5% |
| 2015 | 26,716 million SLC | -4.2% |
| 2016 | 26,844 million SLC | +0.5% |
| 2017 | 27,299 million SLC | +1.7% |
| 2018 | 27,571 million SLC | +1.0% |
| 2019 | 29,366 million SLC | +6.5% |
| 2020 | 25,525 million SLC | -13.1% |
| 2021 | 26,175 million SLC | +2.5% |
| 2022 | 26,598 million SLC | +1.6% |
| 2023 | 28,360 million SLC | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,507 million SLC | 4,389 million SLC | 20,943 million SLC | 10 |
| 1980s | 53,493 million SLC | 28,133 million SLC | 85,729 million SLC | 10 |
| 1990s | 75,453 million SLC | 57,507 million SLC | 87,507 million SLC | 10 |
| 2000s | 41,115 million SLC | 28,714 million SLC | 61,399 million SLC | 10 |
| 2010s | 28,742 million SLC | 26,716 million SLC | 30,600 million SLC | 10 |
| 2020s | 26,665 million SLC | 25,525 million SLC | 28,360 million SLC | 4 |
Countries ranked near China, Hong Kong SAR
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.59 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.61 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 54,867 USD (2024)
- Gross Domestic Product — Value US$ 406,835 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 485,106 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 62,580 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.04 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.21 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in China, Hong Kong SAR?
- Value added (total manufacturing) — value standard local currency in China, Hong Kong SAR was 28,360 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 China, Hong Kong SAR?
- The highest recorded value was 87,507 million SLC in 1992.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The lowest recorded value was 4,389 million SLC in 1970.
- How does China, Hong Kong SAR rank for value added (total manufacturing) — value standard local currency?
- China, Hong Kong SAR ranks 117th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in China, Hong Kong SAR?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is volatile.
- Where does this China, Hong Kong SAR 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).