Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in India

India: Value Added (Total Manufacturing) — Value US$, 2015 prices, annual was 9.86 % change on previous year in 2023. ◆ Volatile

Latest (2023)
9.86 % change on previous year
Change on year
up 548.1%
World rank
21st
of 236 countries
All-time high
17.79 % change on previous year
in 2006
All-time low
-3.71 % change on previous year
in 1991
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in India, 1971–2023

-505101520197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value us$, 2015 prices, annual in India is 9.86 % change on previous year, measured in 2023.

The figure is up 548.1% on the previous year and up 98.6% over ten years.

Over the whole period, value added (total manufacturing) — value us$, 2015 prices, annual in India peaked at 17.79 % change on previous year in 2006 and was at its lowest, -3.71 % change on previous year, in 1991.

India ranks 21st of 236 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 US$, 2015 prices, annual in India, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate in India, 1971 to 2023.
Year % change on previous year Change
1971 3.27 % change on previous year
1972 3.92 % change on previous year +20.0%
1973 4.45 % change on previous year +13.5%
1974 2.92 % change on previous year -34.5%
1975 2.11 % change on previous year -27.7%
1976 8.77 % change on previous year +316.0%
1977 6.22 % change on previous year -29.0%
1978 10.86 % change on previous year +74.4%
1979 -1.92 % change on previous year -117.6%
1980 0.1943 % change on previous year -110.1%
1981 8.03 % change on previous year +4033.5%
1982 6.53 % change on previous year -18.7%
1983 9.91 % change on previous year +51.9%
1984 6.49 % change on previous year -34.6%
1985 4 % change on previous year -38.3%
1986 7.01 % change on previous year +75.1%
1987 7.31 % change on previous year +4.4%
1988 8.75 % change on previous year +19.7%
1989 11.67 % change on previous year +33.4%
1990 6.1 % change on previous year -47.8%
1991 -3.71 % change on previous year -160.8%
1992 4.18 % change on previous year -212.7%
1993 8.37 % change on previous year +100.2%
1994 11.95 % change on previous year +42.9%
1995 14.9 % change on previous year +24.7%
1996 9.66 % change on previous year -35.2%
1997 1.51 % change on previous year -84.3%
1998 2.72 % change on previous year +80.0%
1999 3.98 % change on previous year +46.3%
2000 6.53 % change on previous year +64.1%
2001 3.57 % change on previous year -45.4%
2002 4.39 % change on previous year +23.0%
2003 6.86 % change on previous year +56.2%
2004 9.69 % change on previous year +41.3%
2005 9.35 % change on previous year -3.5%
2006 17.79 % change on previous year +90.3%
2007 6.98 % change on previous year -60.8%
2008 4.66 % change on previous year -33.2%
2009 10.97 % change on previous year +135.1%
2010 7.7 % change on previous year -29.8%
2011 3.12 % change on previous year -59.4%
2012 5.45 % change on previous year +74.5%
2013 4.97 % change on previous year -8.9%
2014 7.9 % change on previous year +59.0%
2015 13.06 % change on previous year +65.4%
2016 7.93 % change on previous year -39.3%
2017 7.53 % change on previous year -5.0%
2018 5.41 % change on previous year -28.1%
2019 -2.98 % change on previous year -155.0%
2020 3.07 % change on previous year -203.3%
2021 9.96 % change on previous year +223.9%
2022 -2.2 % change on previous year -122.1%
2023 9.86 % change on previous year -548.1%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in India 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.

YearChange FromTo
1981 +4033.5% 0.1943 % change on previous year 8.03 % change on previous year
2023 +548.1% -2.2 % change on previous year 9.86 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.51 % change on previous year -1.92 % change on previous year 10.86 % change on previous year 9
1980s 6.99 % change on previous year 0.1943 % change on previous year 11.67 % change on previous year 10
1990s 5.97 % change on previous year -3.71 % change on previous year 14.9 % change on previous year 10
2000s 8.08 % change on previous year 3.57 % change on previous year 17.79 % change on previous year 10
2010s 6.01 % change on previous year -2.98 % change on previous year 13.06 % change on previous year 10
2020s 5.17 % change on previous year -2.2 % change on previous year 9.96 % change on previous year 4

Countries ranked near India

  1. 18 Iraq 10.86 % change on previous year compare
  2. 19 Rwanda 10.48 % change on previous year compare
  3. 20 Greenland 10.31 % change on previous year compare
  4. 22 Azerbaijan 9.81 % change on previous year compare
  5. 23 Libya 9.58 % change on previous year compare
  6. 24 Morocco 9.56 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is value added (total manufacturing) — value us$, 2015 prices, annual in India?
Value added (total manufacturing) — value us$, 2015 prices, annual in India was 9.86 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, 2015 prices, annual recorded in India?
The highest recorded value was 17.79 % change on previous year in 2006.
What is the lowest value added (total manufacturing) — value us$, 2015 prices, annual recorded in India?
The lowest recorded value was -3.71 % change on previous year in 1991.
How does India rank for value added (total manufacturing) — value us$, 2015 prices, annual?
India ranks 21st out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, 2015 prices, annual rising or falling in India?
Over the last ten years it is up 98.6%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in India. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices-annual-growth-rate/india/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,900 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.