Value Added (Total Manufacturing) — Value Standard Local Currency in Myanmar
Myanmar: Value Added (Total Manufacturing) — Value Standard Local Currency was 35.08 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Myanmar, 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 Myanmar stood at 35.08 million million SLC. That is the highest value across all 54 years on record.
The figure is up 9.5% on the previous year and up 203.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Myanmar peaked at 35.08 million million SLC in 2023 and was at its lowest, 1,267 million SLC, in 1972.
Myanmar ranks 14th 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 Myanmar, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,280 million SLC | — |
| 1971 | 1,287 million SLC | +0.5% |
| 1972 | 1,267 million SLC | -1.5% |
| 1973 | 1,382 million SLC | +9.1% |
| 1974 | 1,564 million SLC | +13.2% |
| 1975 | 2,106 million SLC | +34.7% |
| 1976 | 2,656 million SLC | +26.1% |
| 1977 | 3,084 million SLC | +16.1% |
| 1978 | 3,172 million SLC | +2.9% |
| 1979 | 3,363 million SLC | +6.0% |
| 1980 | 3,683 million SLC | +9.5% |
| 1981 | 4,009 million SLC | +8.9% |
| 1982 | 4,350 million SLC | +8.5% |
| 1983 | 4,775 million SLC | +9.8% |
| 1984 | 5,280 million SLC | +10.6% |
| 1985 | 5,561 million SLC | +5.3% |
| 1986 | 5,450 million SLC | -2.0% |
| 1987 | 5,337 million SLC | -2.1% |
| 1988 | 5,723 million SLC | +7.2% |
| 1989 | 10,731 million SLC | +87.5% |
| 1990 | 11,824 million SLC | +10.2% |
| 1991 | 13,059 million SLC | +10.4% |
| 1992 | 17,278 million SLC | +32.3% |
| 1993 | 24,618 million SLC | +42.5% |
| 1994 | 29,516 million SLC | +19.9% |
| 1995 | 41,594 million SLC | +40.9% |
| 1996 | 56,610 million SLC | +36.1% |
| 1997 | 78,801 million SLC | +39.2% |
| 1998 | 112,774 million SLC | +43.1% |
| 1999 | 143,244 million SLC | +27.0% |
| 2000 | 182,897 million SLC | +27.7% |
| 2001 | 277,795 million SLC | +51.9% |
| 2002 | 516,243 million SLC | +85.8% |
| 2003 | 756,183 million SLC | +46.5% |
| 2004 | 1.05 million million SLC | +39.1% |
| 2005 | 1.57 million million SLC | +49.6% |
| 2006 | 2.36 million million SLC | +49.9% |
| 2007 | 3.47 million million SLC | +47.3% |
| 2008 | 4.92 million million SLC | +41.6% |
| 2009 | 6.13 million million SLC | +24.6% |
| 2010 | 7.90 million million SLC | +28.9% |
| 2011 | 9.13 million million SLC | +15.6% |
| 2012 | 10.30 million million SLC | +12.8% |
| 2013 | 11.55 million million SLC | +12.2% |
| 2014 | 13.01 million million SLC | +12.6% |
| 2015 | 15.13 million million SLC | +16.3% |
| 2016 | 17.42 million million SLC | +15.1% |
| 2017 | 20.75 million million SLC | +19.1% |
| 2018 | 24.27 million million SLC | +17.0% |
| 2019 | 27.43 million million SLC | +13.0% |
| 2020 | 28.26 million million SLC | +3.0% |
| 2021 | 29.09 million million SLC | +3.0% |
| 2022 | 32.04 million million SLC | +10.1% |
| 2023 | 35.08 million million SLC | +9.5% |
Myanmar compared with similar countries
- Myanmar's 35.08 million million SLC is above the median for lower middle income countries, which is 183,468 million SLC, 191.2× the median. (44 countries reporting)
- Myanmar's 35.08 million million SLC is above the median for East Asia & Pacific, which is 35,640 million SLC, 984.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,116 million SLC | 1,267 million SLC | 3,363 million SLC | 10 |
| 1980s | 5,490 million SLC | 3,683 million SLC | 10,731 million SLC | 10 |
| 1990s | 52,932 million SLC | 11,824 million SLC | 143,244 million SLC | 10 |
| 2000s | 2.12 million million SLC | 182,897 million SLC | 6.13 million million SLC | 10 |
| 2010s | 15.69 million million SLC | 7.90 million million SLC | 27.43 million million SLC | 10 |
| 2020s | 31.12 million million SLC | 28.26 million million SLC | 35.08 million million SLC | 4 |
Countries ranked near Myanmar
- 11 Cambodia 45.64 million million SLC compare
- 12 India 38.20 million million SLC compare
- 13 Nigeria 36.02 million million SLC compare
- 15 China, mainland 33.87 million million SLC compare
- 16 Argentina 31.23 million million SLC compare
- 17 Democratic Republic of the Congo 29.13 million million SLC compare
More economy & growth data for Myanmar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.01 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.10 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 20.1 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Myanmar?
- Value added (total manufacturing) — value standard local currency in Myanmar was 35.08 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 Myanmar?
- The highest recorded value was 35.08 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Myanmar?
- The lowest recorded value was 1,267 million SLC in 1972.
- How does Myanmar rank for value added (total manufacturing) — value standard local currency?
- Myanmar ranks 14th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Myanmar?
- Over the last ten years it is up 203.7%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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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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).