Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 200,288 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Least Developed Countries (LDCs), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Least Developed Countries (LDCs) recorded 200,288 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023. That is the highest value across all 54 years on record.
The figure is up 5.4% on the previous year and up 93.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Least Developed Countries (LDCs) peaked at 200,288 million USD in 2023 and was at its lowest, 30,311 million USD, in 1994.
Least Developed Countries (LDCs) ranks 20th of 30 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Least Developed Countries (LDCs), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 32,040 million USD | — |
| 1971 | 33,719 million USD | +5.2% |
| 1972 | 32,904 million USD | -2.4% |
| 1973 | 35,886 million USD | +9.1% |
| 1974 | 39,378 million USD | +9.7% |
| 1975 | 37,076 million USD | -5.8% |
| 1976 | 35,960 million USD | -3.0% |
| 1977 | 36,286 million USD | +0.9% |
| 1978 | 34,243 million USD | -5.6% |
| 1979 | 33,982 million USD | -0.8% |
| 1980 | 34,873 million USD | +2.6% |
| 1981 | 34,848 million USD | -0.1% |
| 1982 | 35,281 million USD | +1.2% |
| 1983 | 36,289 million USD | +2.9% |
| 1984 | 38,136 million USD | +5.1% |
| 1985 | 40,041 million USD | +5.0% |
| 1986 | 41,257 million USD | +3.0% |
| 1987 | 41,463 million USD | +0.5% |
| 1988 | 41,584 million USD | +0.3% |
| 1989 | 40,144 million USD | -3.5% |
| 1990 | 38,476 million USD | -4.2% |
| 1991 | 35,497 million USD | -7.7% |
| 1992 | 32,010 million USD | -9.8% |
| 1993 | 30,976 million USD | -3.2% |
| 1994 | 30,311 million USD | -2.1% |
| 1995 | 32,947 million USD | +8.7% |
| 1996 | 35,944 million USD | +9.1% |
| 1997 | 36,157 million USD | +0.6% |
| 1998 | 37,288 million USD | +3.1% |
| 1999 | 39,213 million USD | +5.2% |
| 2000 | 41,110 million USD | +4.8% |
| 2001 | 43,389 million USD | +5.5% |
| 2002 | 46,358 million USD | +6.8% |
| 2003 | 48,367 million USD | +4.3% |
| 2004 | 51,683 million USD | +6.9% |
| 2005 | 54,911 million USD | +6.2% |
| 2006 | 60,062 million USD | +9.4% |
| 2007 | 65,648 million USD | +9.3% |
| 2008 | 69,956 million USD | +6.6% |
| 2009 | 74,012 million USD | +5.8% |
| 2010 | 81,643 million USD | +10.3% |
| 2011 | 88,450 million USD | +8.3% |
| 2012 | 96,523 million USD | +9.1% |
| 2013 | 103,450 million USD | +7.2% |
| 2014 | 110,125 million USD | +6.5% |
| 2015 | 121,119 million USD | +10.0% |
| 2016 | 132,469 million USD | +9.4% |
| 2017 | 141,534 million USD | +6.8% |
| 2018 | 154,619 million USD | +9.2% |
| 2019 | 167,195 million USD | +8.1% |
| 2020 | 167,700 million USD | +0.3% |
| 2021 | 177,432 million USD | +5.8% |
| 2022 | 190,003 million USD | +7.1% |
| 2023 | 200,288 million USD | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35,148 million USD | 32,040 million USD | 39,378 million USD | 10 |
| 1980s | 38,392 million USD | 34,848 million USD | 41,584 million USD | 10 |
| 1990s | 34,882 million USD | 30,311 million USD | 39,213 million USD | 10 |
| 2000s | 55,550 million USD | 41,110 million USD | 74,012 million USD | 10 |
| 2010s | 119,713 million USD | 81,643 million USD | 167,195 million USD | 10 |
| 2020s | 183,856 million USD | 167,700 million USD | 200,288 million USD | 4 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 6.33 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.41 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Least Developed Countries (LDCs)?
- Value added (total manufacturing) — value us$, 2015 prices in Least Developed Countries (LDCs) was 200,288 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 200,288 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 30,311 million USD in 1994.
- How does Least Developed Countries (LDCs) rank for value added (total manufacturing) — value us$, 2015 prices?
- Least Developed Countries (LDCs) ranks 20th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 93.6%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) 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).