Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa
South Africa: Value Added (Total Manufacturing) — Value Standard Local Currency was 900,554 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa, 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 South Africa stood at 900,554 million SLC. That is the highest value across all 54 years on record.
The figure is up 10.8% on the previous year and up 88.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in South Africa peaked at 900,554 million SLC in 2023 and was at its lowest, 2,808 million SLC, in 1970.
That places South Africa 54th out of 202 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in South Africa, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,808 million SLC | — |
| 1971 | 2,997 million SLC | +6.7% |
| 1972 | 3,284 million SLC | +9.6% |
| 1973 | 4,113 million SLC | +25.2% |
| 1974 | 4,920 million SLC | +19.6% |
| 1975 | 6,022 million SLC | +22.4% |
| 1976 | 6,876 million SLC | +14.2% |
| 1977 | 6,993 million SLC | +1.7% |
| 1978 | 7,905 million SLC | +13.0% |
| 1979 | 9,812 million SLC | +24.1% |
| 1980 | 13,065 million SLC | +33.2% |
| 1981 | 16,720 million SLC | +28.0% |
| 1982 | 18,506 million SLC | +10.7% |
| 1983 | 21,056 million SLC | +13.8% |
| 1984 | 24,046 million SLC | +14.2% |
| 1985 | 26,192 million SLC | +8.9% |
| 1986 | 30,828 million SLC | +17.7% |
| 1987 | 36,828 million SLC | +19.5% |
| 1988 | 44,836 million SLC | +21.7% |
| 1989 | 54,758 million SLC | +22.1% |
| 1990 | 63,705 million SLC | +16.3% |
| 1991 | 77,756 million SLC | +22.1% |
| 1992 | 89,674 million SLC | +15.3% |
| 1993 | 102,871 million SLC | +14.7% |
| 1994 | 114,557 million SLC | +11.4% |
| 1995 | 132,346 million SLC | +15.5% |
| 1996 | 142,237 million SLC | +7.5% |
| 1997 | 155,055 million SLC | +9.0% |
| 1998 | 163,462 million SLC | +5.4% |
| 1999 | 171,495 million SLC | +4.9% |
| 2000 | 199,762 million SLC | +16.5% |
| 2001 | 221,960 million SLC | +11.1% |
| 2002 | 259,511 million SLC | +16.9% |
| 2003 | 275,755 million SLC | +6.3% |
| 2004 | 297,270 million SLC | +7.8% |
| 2005 | 319,098 million SLC | +7.3% |
| 2006 | 320,893 million SLC | +0.6% |
| 2007 | 362,368 million SLC | +12.9% |
| 2008 | 407,641 million SLC | +12.5% |
| 2009 | 405,381 million SLC | -0.6% |
| 2010 | 423,495 million SLC | +4.5% |
| 2011 | 427,917 million SLC | +1.0% |
| 2012 | 445,177 million SLC | +4.0% |
| 2013 | 478,425 million SLC | +7.5% |
| 2014 | 515,937 million SLC | +7.8% |
| 2015 | 553,392 million SLC | +7.3% |
| 2016 | 594,166 million SLC | +7.4% |
| 2017 | 635,419 million SLC | +6.9% |
| 2018 | 668,094 million SLC | +5.1% |
| 2019 | 697,576 million SLC | +4.4% |
| 2020 | 654,550 million SLC | -6.2% |
| 2021 | 740,233 million SLC | +13.1% |
| 2022 | 813,121 million SLC | +9.8% |
| 2023 | 900,554 million SLC | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,573 million SLC | 2,808 million SLC | 9,812 million SLC | 10 |
| 1980s | 28,683 million SLC | 13,065 million SLC | 54,758 million SLC | 10 |
| 1990s | 121,316 million SLC | 63,705 million SLC | 171,495 million SLC | 10 |
| 2000s | 306,964 million SLC | 199,762 million SLC | 407,641 million SLC | 10 |
| 2010s | 543,960 million SLC | 423,495 million SLC | 697,576 million SLC | 10 |
| 2020s | 777,114 million SLC | 654,550 million SLC | 900,554 million SLC | 4 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8998 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 5,937 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 16.1 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 106,203 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7819 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in South Africa?
- Value added (total manufacturing) — value standard local currency in South Africa was 900,554 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 South Africa?
- The highest recorded value was 900,554 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in South Africa?
- The lowest recorded value was 2,808 million SLC in 1970.
- How does South Africa rank for value added (total manufacturing) — value standard local currency?
- South Africa ranks 54th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in South Africa?
- Over the last ten years it is up 88.2%. The long-run trend across the full record is volatile.
- Where does this South Africa 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).