Value Added (Total Manufacturing) — Value US$, 2015 prices in Africa
Africa: Value Added (Total Manufacturing) — Value US$, 2015 prices was 314,218 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Africa, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Africa is 314,218 million USD, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 30.0% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Africa peaked at 314,218 million USD in 2023 and was at its lowest, 68,402 million USD, in 1970.
Africa ranks 18th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 87,343 million USD | 68,402 million USD | 104,905 million USD | 10 |
| 1980s | 117,572 million USD | 106,373 million USD | 130,025 million USD | 10 |
| 1990s | 129,101 million USD | 121,605 million USD | 139,280 million USD | 10 |
| 2000s | 171,264 million USD | 145,128 million USD | 198,985 million USD | 10 |
| 2010s | 252,026 million USD | 210,627 million USD | 290,107 million USD | 10 |
| 2020s | 300,559 million USD | 280,699 million USD | 314,218 million USD | 4 |
Countries ranked near Africa
More economy & growth data for Africa
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.95 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.98 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Africa?
- Value added (total manufacturing) — value us$, 2015 prices in Africa was 314,218 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Africa?
- The highest recorded value was 314,218 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Africa?
- The lowest recorded value was 68,402 million USD in 1970.
- How does Africa rank for value added (total manufacturing) — value us$, 2015 prices?
- Africa ranks 18th out of 32 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Africa?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this 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 US$, 2015 prices. 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).