Value Added (Total Manufacturing) — Value Standard Local Currency in Nauru
Nauru: Value Added (Total Manufacturing) — Value Standard Local Currency was 51.21 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Nauru, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Nauru recorded 51.21 million SLC for value added (total manufacturing) — value standard local currency in 2023.
The figure is up 8.2% on the previous year and up 79.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Nauru peaked at 53.07 million SLC in 2021 and was at its lowest, -0.33 million SLC, in 2006.
Nauru ranks 214th of 231 countries on this measure, in the bottom quarter.
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 Nauru, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0.233 million SLC | — |
| 1971 | 0.2693 million SLC | +15.6% |
| 1972 | 0.3388 million SLC | +25.8% |
| 1973 | 0.3085 million SLC | -9.0% |
| 1974 | 0.3691 million SLC | +19.7% |
| 1975 | 0.5085 million SLC | +37.8% |
| 1976 | 0.6182 million SLC | +21.6% |
| 1977 | 0.6408 million SLC | +3.7% |
| 1978 | 0.577 million SLC | -10.0% |
| 1979 | 0.623 million SLC | +8.0% |
| 1980 | 0.6309 million SLC | +1.3% |
| 1981 | 0.7443 million SLC | +18.0% |
| 1982 | 0.8135 million SLC | +9.3% |
| 1983 | 0.8151 million SLC | +0.2% |
| 1984 | 0.874 million SLC | +7.2% |
| 1985 | 0.8696 million SLC | -0.5% |
| 1986 | 0.9109 million SLC | +4.7% |
| 1987 | 0.9829 million SLC | +7.9% |
| 1988 | 0.9734 million SLC | -1.0% |
| 1989 | 1.1 million SLC | +13.3% |
| 1990 | 1.28 million SLC | +15.9% |
| 1991 | 1.25 million SLC | -1.8% |
| 1992 | 1.11 million SLC | -11.4% |
| 1993 | 0.9849 million SLC | -11.4% |
| 1994 | 0.9731 million SLC | -1.2% |
| 1995 | 0.9604 million SLC | -1.3% |
| 1996 | 0.8088 million SLC | -15.8% |
| 1997 | 0.7349 million SLC | -9.1% |
| 1998 | 0.7171 million SLC | -2.4% |
| 1999 | 0.5783 million SLC | -19.4% |
| 2000 | 0.6947 million SLC | +20.1% |
| 2001 | 0.5681 million SLC | -18.2% |
| 2002 | 0.5511 million SLC | -3.0% |
| 2003 | 1.31 million SLC | +138.5% |
| 2004 | 3.02 million SLC | +129.8% |
| 2005 | 1.22 million SLC | -59.6% |
| 2006 | -0.33 million SLC | -127.0% |
| 2007 | 0.19 million SLC | -157.6% |
| 2008 | 7.1 million SLC | +3636.8% |
| 2009 | 17.29 million SLC | +143.5% |
| 2010 | 9.75 million SLC | -43.6% |
| 2011 | 19.86 million SLC | +103.8% |
| 2012 | 39.44 million SLC | +98.6% |
| 2013 | 28.53 million SLC | -27.6% |
| 2014 | 17.53 million SLC | -38.6% |
| 2015 | 31.99 million SLC | +82.4% |
| 2016 | 30.07 million SLC | -6.0% |
| 2017 | 30.36 million SLC | +1.0% |
| 2018 | 39.44 million SLC | +29.9% |
| 2019 | 38.92 million SLC | -1.3% |
| 2020 | 41.24 million SLC | +6.0% |
| 2021 | 53.07 million SLC | +28.7% |
| 2022 | 47.34 million SLC | -10.8% |
| 2023 | 51.21 million SLC | +8.2% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Nauru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +3636.8% | 0.19 million SLC | 7.1 million SLC |
| 2007 | +157.6% | -0.33 million SLC | 0.19 million SLC |
| 2009 | +143.5% | 7.1 million SLC | 17.29 million SLC |
| 2003 | +138.5% | 0.5511 million SLC | 1.31 million SLC |
| 2006 | -127.0% | 1.22 million SLC | -0.33 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4486 million SLC | 0.233 million SLC | 0.6408 million SLC | 10 |
| 1980s | 0.8717 million SLC | 0.6309 million SLC | 1.1 million SLC | 10 |
| 1990s | 0.9402 million SLC | 0.5783 million SLC | 1.28 million SLC | 10 |
| 2000s | 3.16 million SLC | -0.33 million SLC | 17.29 million SLC | 10 |
| 2010s | 28.59 million SLC | 9.75 million SLC | 39.44 million SLC | 10 |
| 2020s | 48.21 million SLC | 41.24 million SLC | 53.07 million SLC | 4 |
Countries ranked near Nauru
More economy & growth data for Nauru
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.63 % (2024)
- Gross Fixed Capital Formation — Value US$ 46.77 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 40.86 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 30.7 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 24.63 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.31 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -2.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -2.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.64 % (2024)
- Gross Domestic Product — Value US$ 189.89 million USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Nauru?
- Value added (total manufacturing) — value standard local currency in Nauru was 51.21 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 Nauru?
- The highest recorded value was 53.07 million SLC in 2021.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Nauru?
- The lowest recorded value was -0.33 million SLC in 2006.
- How does Nauru rank for value added (total manufacturing) — value standard local currency?
- Nauru ranks 214th out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Nauru?
- Over the last ten years it is up 79.5%. The long-run trend across the full record is volatile.
- Where does this Nauru 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).