Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in India
India: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 483,530 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in India, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in India stood at 483,530 million USD. That is the highest value across all 54 years on record.
That represents a change of up 9.9% on the previous year and up 76.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in India peaked at 483,530 million USD in 2023 and was at its lowest, 20,210 million USD, in 1970.
India ranks 6th of 236 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 20,210 million USD | — |
| 1971 | 20,870 million USD | +3.3% |
| 1972 | 21,688 million USD | +3.9% |
| 1973 | 22,653 million USD | +4.4% |
| 1974 | 23,314 million USD | +2.9% |
| 1975 | 23,805 million USD | +2.1% |
| 1976 | 25,893 million USD | +8.8% |
| 1977 | 27,504 million USD | +6.2% |
| 1978 | 30,491 million USD | +10.9% |
| 1979 | 29,906 million USD | -1.9% |
| 1980 | 29,965 million USD | +0.2% |
| 1981 | 32,371 million USD | +8.0% |
| 1982 | 34,483 million USD | +6.5% |
| 1983 | 37,902 million USD | +9.9% |
| 1984 | 40,360 million USD | +6.5% |
| 1985 | 41,976 million USD | +4.0% |
| 1986 | 44,918 million USD | +7.0% |
| 1987 | 48,203 million USD | +7.3% |
| 1988 | 52,422 million USD | +8.8% |
| 1989 | 58,541 million USD | +11.7% |
| 1990 | 62,110 million USD | +6.1% |
| 1991 | 59,807 million USD | -3.7% |
| 1992 | 62,306 million USD | +4.2% |
| 1993 | 67,519 million USD | +8.4% |
| 1994 | 75,588 million USD | +12.0% |
| 1995 | 86,851 million USD | +14.9% |
| 1996 | 95,238 million USD | +9.7% |
| 1997 | 96,678 million USD | +1.5% |
| 1998 | 99,308 million USD | +2.7% |
| 1999 | 103,261 million USD | +4.0% |
| 2000 | 110,005 million USD | +6.5% |
| 2001 | 113,931 million USD | +3.6% |
| 2002 | 118,934 million USD | +4.4% |
| 2003 | 127,090 million USD | +6.9% |
| 2004 | 139,401 million USD | +9.7% |
| 2005 | 152,434 million USD | +9.3% |
| 2006 | 179,549 million USD | +17.8% |
| 2007 | 192,082 million USD | +7.0% |
| 2008 | 201,041 million USD | +4.7% |
| 2009 | 223,090 million USD | +11.0% |
| 2010 | 240,257 million USD | +7.7% |
| 2011 | 247,765 million USD | +3.1% |
| 2012 | 261,276 million USD | +5.5% |
| 2013 | 274,250 million USD | +5.0% |
| 2014 | 295,904 million USD | +7.9% |
| 2015 | 334,548 million USD | +13.1% |
| 2016 | 361,067 million USD | +7.9% |
| 2017 | 388,244 million USD | +7.5% |
| 2018 | 409,255 million USD | +5.4% |
| 2019 | 397,079 million USD | -3.0% |
| 2020 | 409,284 million USD | +3.1% |
| 2021 | 450,029 million USD | +10.0% |
| 2022 | 440,124 million USD | -2.2% |
| 2023 | 483,530 million USD | +9.9% |
India compared with similar countries
- India's 483,530 million USD is above the median for lower middle income countries, which is 1,854 million USD, 260.8× the median. (44 countries reporting)
- India's 483,530 million USD is above the median for South Asia, which is 7,800 million USD, 62.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24,634 million USD | 20,210 million USD | 30,491 million USD | 10 |
| 1980s | 42,114 million USD | 29,965 million USD | 58,541 million USD | 10 |
| 1990s | 80,867 million USD | 59,807 million USD | 103,261 million USD | 10 |
| 2000s | 155,756 million USD | 110,005 million USD | 223,090 million USD | 10 |
| 2010s | 320,964 million USD | 240,257 million USD | 409,255 million USD | 10 |
| 2020s | 445,742 million USD | 409,284 million USD | 483,530 million USD | 4 |
Countries ranked near India
- 3 Japan 995,262 million USD compare
- 4 Germany 752,844 million USD compare
- 5 Republic of Korea 514,862 million USD compare
- 7 Italy 286,013 million USD compare
- 8 United Kingdom of Great Britain and Northern Ireland 282,652 million USD compare
- 8 United Kingdom 282,652 million USD compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in India?
- Value added (total manufacturing) — value us$, 2015 prices in India was 483,530 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in India?
- The highest recorded value was 483,530 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in India?
- The lowest recorded value was 20,210 million USD in 1970.
- How does India rank for value added (total manufacturing) — value us$, 2015 prices?
- India ranks 6th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in India?
- Over the last ten years it is up 76.3%. The long-run trend across the full record is volatile.
- Where does this India 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).