Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Philippines
Philippines: Value Added (Total Manufacturing) — Value US$, 2015 prices, annual was 1.34 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Philippines, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices, annual in Philippines is 1.34 % change on previous year, measured in 2023.
That represents a change of down 72.3% on the previous year and down 70.7% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices, annual in Philippines peaked at 15.27 % change on previous year in 1973 and was at its lowest, -9.78 % change on previous year, in 2020.
That places Philippines 119th out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.65 % change on previous year | — |
| 1972 | 5.56 % change on previous year | -16.3% |
| 1973 | 15.27 % change on previous year | +174.4% |
| 1974 | 2.61 % change on previous year | -82.9% |
| 1975 | 1.14 % change on previous year | -56.4% |
| 1976 | 4.93 % change on previous year | +333.4% |
| 1977 | 6.16 % change on previous year | +24.9% |
| 1978 | 6.79 % change on previous year | +10.3% |
| 1979 | 4.03 % change on previous year | -40.7% |
| 1980 | 3.91 % change on previous year | -2.9% |
| 1981 | 1.25 % change on previous year | -68.1% |
| 1982 | 1.14 % change on previous year | -8.2% |
| 1983 | -1.6 % change on previous year | -239.7% |
| 1984 | -8.63 % change on previous year | +439.5% |
| 1985 | -2.61 % change on previous year | -69.7% |
| 1986 | 1.97 % change on previous year | -175.3% |
| 1987 | 5.07 % change on previous year | +157.9% |
| 1988 | 9.46 % change on previous year | +86.6% |
| 1989 | 4.51 % change on previous year | -52.3% |
| 1990 | 2.23 % change on previous year | -50.6% |
| 1991 | 0.7709 % change on previous year | -65.4% |
| 1992 | -1.85 % change on previous year | -340.0% |
| 1993 | 0.4419 % change on previous year | -123.9% |
| 1994 | 4.33 % change on previous year | +880.0% |
| 1995 | 6.24 % change on previous year | +44.0% |
| 1996 | 5.04 % change on previous year | -19.2% |
| 1997 | 3.28 % change on previous year | -34.8% |
| 1998 | -1.03 % change on previous year | -131.4% |
| 1999 | 2.72 % change on previous year | -363.4% |
| 2000 | 14.11 % change on previous year | +419.1% |
| 2001 | 2.69 % change on previous year | -80.9% |
| 2002 | 3.76 % change on previous year | +39.7% |
| 2003 | 4.07 % change on previous year | +8.3% |
| 2004 | 4.12 % change on previous year | +1.2% |
| 2005 | 6.44 % change on previous year | +56.3% |
| 2006 | 2.84 % change on previous year | -55.9% |
| 2007 | 2.89 % change on previous year | +1.7% |
| 2008 | 5.18 % change on previous year | +79.6% |
| 2009 | -4.3 % change on previous year | -183.1% |
| 2010 | 7.57 % change on previous year | -275.9% |
| 2011 | 3.73 % change on previous year | -50.7% |
| 2012 | 5.68 % change on previous year | +52.0% |
| 2013 | 4.58 % change on previous year | -19.4% |
| 2014 | 7.65 % change on previous year | +67.0% |
| 2015 | 5.17 % change on previous year | -32.3% |
| 2016 | 6.84 % change on previous year | +32.2% |
| 2017 | 8.03 % change on previous year | +17.4% |
| 2018 | 5.14 % change on previous year | -36.0% |
| 2019 | 3.79 % change on previous year | -26.4% |
| 2020 | -9.78 % change on previous year | -358.3% |
| 2021 | 8.88 % change on previous year | -190.8% |
| 2022 | 4.86 % change on previous year | -45.3% |
| 2023 | 1.34 % change on previous year | -72.3% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +880.0% | 0.4419 % change on previous year | 4.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.9 % change on previous year | 1.14 % change on previous year | 15.27 % change on previous year | 9 |
| 1980s | 1.45 % change on previous year | -8.63 % change on previous year | 9.46 % change on previous year | 10 |
| 1990s | 2.22 % change on previous year | -1.85 % change on previous year | 6.24 % change on previous year | 10 |
| 2000s | 4.18 % change on previous year | -4.3 % change on previous year | 14.11 % change on previous year | 10 |
| 2010s | 5.82 % change on previous year | 3.73 % change on previous year | 8.03 % change on previous year | 10 |
| 2020s | 1.33 % change on previous year | -9.78 % change on previous year | 8.88 % change on previous year | 4 |
Countries ranked near Philippines
- 116 Nigeria 1.4 % change on previous year compare
- 117 Angola 1.4 % change on previous year compare
- 118 Slovenia 1.35 % change on previous year compare
- 120 Mexico 1.27 % change on previous year compare
- 121 Moldova 1.21 % change on previous year compare
- 121 Republic of Moldova 1.21 % change on previous year compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices, annual in Philippines?
- Value added (total manufacturing) — value us$, 2015 prices, annual in Philippines was 1.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Philippines?
- The highest recorded value was 15.27 % change on previous year in 1973.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Philippines?
- The lowest recorded value was -9.78 % change on previous year in 2020.
- How does Philippines rank for value added (total manufacturing) — value us$, 2015 prices, annual?
- Philippines ranks 119th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices, annual rising or falling in Philippines?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
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.