Value Added (Total Manufacturing) — Value Standard Local Currency in India
India: Value Added (Total Manufacturing) — Value Standard Local Currency was 38.20 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in India, 1970–2023
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 India stood at 38.20 million million SLC. That is the highest value across all 54 years on record.
The figure is up 8.0% on the previous year and up 122.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in India peaked at 38.20 million million SLC in 2023 and was at its lowest, 65,355 million SLC, in 1970.
India ranks 12th of 231 countries on this measure, in the top 10%.
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 India, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 65,355 million SLC | — |
| 1971 | 72,511 million SLC | +10.9% |
| 1972 | 80,568 million SLC | +11.1% |
| 1973 | 97,494 million SLC | +21.0% |
| 1974 | 125,292 million SLC | +28.5% |
| 1975 | 130,326 million SLC | +4.0% |
| 1976 | 144,208 million SLC | +10.7% |
| 1977 | 161,531 million SLC | +12.0% |
| 1978 | 186,009 million SLC | +15.2% |
| 1979 | 213,004 million SLC | +14.5% |
| 1980 | 237,900 million SLC | +11.7% |
| 1981 | 277,645 million SLC | +16.7% |
| 1982 | 308,564 million SLC | +11.1% |
| 1983 | 363,214 million SLC | +17.7% |
| 1984 | 409,356 million SLC | +12.7% |
| 1985 | 459,170 million SLC | +12.2% |
| 1986 | 507,433 million SLC | +10.5% |
| 1987 | 581,065 million SLC | +14.5% |
| 1988 | 690,958 million SLC | +18.9% |
| 1989 | 847,180 million SLC | +22.6% |
| 1990 | 980,001 million SLC | +15.7% |
| 1991 | 1.06 million million SLC | +8.0% |
| 1992 | 1.22 million million SLC | +15.3% |
| 1993 | 1.40 million million SLC | +15.0% |
| 1994 | 1.74 million million SLC | +23.9% |
| 1995 | 2.17 million million SLC | +24.7% |
| 1996 | 2.47 million million SLC | +13.9% |
| 1997 | 2.59 million million SLC | +5.1% |
| 1998 | 2.82 million million SLC | +8.7% |
| 1999 | 2.98 million million SLC | +5.7% |
| 2000 | 3.35 million million SLC | +12.5% |
| 2001 | 3.56 million million SLC | +6.1% |
| 2002 | 3.81 million million SLC | +7.2% |
| 2003 | 4.29 million million SLC | +12.5% |
| 2004 | 5.04 million million SLC | +17.5% |
| 2005 | 5.80 million million SLC | +15.0% |
| 2006 | 7.36 million million SLC | +26.9% |
| 2007 | 8.26 million million SLC | +12.2% |
| 2008 | 9.43 million million SLC | +14.1% |
| 2009 | 10.94 million million SLC | +16.0% |
| 2010 | 13.06 million million SLC | +19.4% |
| 2011 | 14.10 million million SLC | +8.0% |
| 2012 | 15.73 million million SLC | +11.5% |
| 2013 | 17.13 million million SLC | +8.9% |
| 2014 | 18.78 million million SLC | +9.6% |
| 2015 | 21.46 million million SLC | +14.3% |
| 2016 | 23.34 million million SLC | +8.7% |
| 2017 | 25.67 million million SLC | +10.0% |
| 2018 | 28.13 million million SLC | +9.6% |
| 2019 | 27.05 million million SLC | -3.8% |
| 2020 | 28.03 million million SLC | +3.6% |
| 2021 | 33.93 million million SLC | +21.0% |
| 2022 | 35.36 million million SLC | +4.2% |
| 2023 | 38.20 million million SLC | +8.0% |
India compared with similar countries
- India's 38.20 million million SLC is above the median for lower middle income countries, which is 183,468 million SLC, 208.2× the median. (44 countries reporting)
- India's 38.20 million million SLC is above the median for South Asia, which is 2.60 million million SLC, 14.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 127,630 million SLC | 65,355 million SLC | 213,004 million SLC | 10 |
| 1980s | 468,248 million SLC | 237,900 million SLC | 847,180 million SLC | 10 |
| 1990s | 1.94 million million SLC | 980,001 million SLC | 2.98 million million SLC | 10 |
| 2000s | 6.19 million million SLC | 3.35 million million SLC | 10.94 million million SLC | 10 |
| 2010s | 20.44 million million SLC | 13.06 million million SLC | 28.13 million million SLC | 10 |
| 2020s | 33.88 million million SLC | 28.03 million million SLC | 38.20 million million SLC | 4 |
Countries ranked near India
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in India?
- Value added (total manufacturing) — value standard local currency in India was 38.20 million 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 India?
- The highest recorded value was 38.20 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in India?
- The lowest recorded value was 65,355 million SLC in 1970.
- How does India rank for value added (total manufacturing) — value standard local currency?
- India ranks 12th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in India?
- Over the last ten years it is up 122.9%. The long-run trend across the full record is volatile.
- Where does this India 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).