Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia

Ethiopia: Value Added (Total Manufacturing) — Value Standard Local Currency was 390,709 million SLC in 2023. ◆ Volatile

Latest (2023)
390,709 million SLC
Change on year
up 49.6%
World rank
75th
of 215 countries
All-time high
390,709 million SLC
in 2023
All-time low
852.52 million SLC
in 1991
Years of data
34
1990–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia, 1990–2023

0100.0k200.0k300.0k400.0k1990200620231990: 1.1k million SLC1991: 852.5 million SLC1992: 892.6 million SLC1993: 1.5k million SLC1994: 1.7k million SLC1995: 2.3k million SLC1996: 2.7k million SLC1997: 2.9k million SLC1998: 2.7k million SLC1999: 3.2k million SLC2000: 3.7k million SLC2001: 3.9k million SLC2002: 3.8k million SLC2003: 4.1k million SLC2004: 4.5k million SLC2005: 5.0k million SLC2006: 5.9k million SLC2007: 7.6k million SLC2008: 9.9k million SLC2009: 12.6k million SLC2010: 14.8k million SLC2011: 19.0k million SLC2012: 25.6k million SLC2013: 32.1k million SLC2014: 42.3k million SLC2015: 57.2k million SLC2016: 89.2k million SLC2017: 113.4k million SLC2018: 128.2k million SLC2019: 150.5k million SLC2020: 179.0k million SLC2021: 199.9k million SLC2022: 261.1k million SLC2023: 390.7k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in Ethiopia stood at 390,709 million SLC. That is the highest value across all 34 years on record.

The figure is up 49.6% on the previous year and up 1,117.3% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Ethiopia peaked at 390,709 million SLC in 2023 and was at its lowest, 852.52 million SLC, in 1991.

That places Ethiopia 75th out of 215 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,985 million SLC 852.52 million SLC 3,227 million SLC 10
2000s 6,100 million SLC 3,674 million SLC 12,631 million SLC 10
2010s 67,229 million SLC 14,778 million SLC 150,531 million SLC 10
2020s 257,684 million SLC 178,972 million SLC 390,709 million SLC 4

Countries ranked near Ethiopia

  1. 72 Malaysia 420,109 million SLC compare
  2. 73 Iceland 412,694 million SLC compare
  3. 74 Democratic People's Republic of Korea 391,274 million SLC compare
  4. 76 Italy 327,043 million SLC compare
  5. 77 Norway 310,713 million SLC compare
  6. 78 USSR 290,600 million SLC

See the full ranking of 218 places →

More economy & growth data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Ethiopia?
Value added (total manufacturing) — value standard local currency in Ethiopia was 390,709 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 Ethiopia?
The highest recorded value was 390,709 million SLC in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Ethiopia?
The lowest recorded value was 852.52 million SLC in 1991.
How does Ethiopia rank for value added (total manufacturing) — value standard local currency?
Ethiopia ranks 75th out of 215 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Ethiopia?
Over the last ten years it is up 1,117.3%. The long-run trend across the full record is volatile.
Where does this Ethiopia 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.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Ethiopia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 August 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency/ethiopia/

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About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,797 data points, 1970–2023
Last refreshed

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).