Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Melanesia
Melanesia: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 2,267 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Melanesia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Melanesia stood at 2,267 million USD. That is the highest value across all 54 years on record.
That represents a change of up 3.9% on the previous year and up 39.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Melanesia peaked at 2,267 million USD in 2023 and was at its lowest, 779.36 million USD, in 1983.
Melanesia ranks 125th of 236 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Melanesia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 958.65 million USD | — |
| 1971 | 945.95 million USD | -1.3% |
| 1972 | 1,105 million USD | +16.9% |
| 1973 | 989.29 million USD | -10.5% |
| 1974 | 1,120 million USD | +13.2% |
| 1975 | 1,114 million USD | -0.6% |
| 1976 | 1,130 million USD | +1.5% |
| 1977 | 1,141 million USD | +1.0% |
| 1978 | 899.61 million USD | -21.2% |
| 1979 | 1,008 million USD | +12.1% |
| 1980 | 955.83 million USD | -5.2% |
| 1981 | 935.05 million USD | -2.2% |
| 1982 | 850.42 million USD | -9.1% |
| 1983 | 779.36 million USD | -8.4% |
| 1984 | 906.34 million USD | +16.3% |
| 1985 | 948.59 million USD | +4.7% |
| 1986 | 824.89 million USD | -13.0% |
| 1987 | 807.96 million USD | -2.1% |
| 1988 | 1,357 million USD | +68.0% |
| 1989 | 1,499 million USD | +10.4% |
| 1990 | 1,114 million USD | -25.7% |
| 1991 | 1,234 million USD | +10.7% |
| 1992 | 1,141 million USD | -7.5% |
| 1993 | 1,142 million USD | +0.1% |
| 1994 | 1,227 million USD | +7.5% |
| 1995 | 1,292 million USD | +5.3% |
| 1996 | 1,339 million USD | +3.6% |
| 1997 | 1,360 million USD | +1.6% |
| 1998 | 1,202 million USD | -11.6% |
| 1999 | 1,317 million USD | +9.6% |
| 2000 | 1,361 million USD | +3.3% |
| 2001 | 1,254 million USD | -7.9% |
| 2002 | 1,291 million USD | +2.9% |
| 2003 | 1,434 million USD | +11.1% |
| 2004 | 1,603 million USD | +11.8% |
| 2005 | 1,555 million USD | -3.0% |
| 2006 | 1,766 million USD | +13.6% |
| 2007 | 2,085 million USD | +18.0% |
| 2008 | 1,571 million USD | -24.7% |
| 2009 | 1,453 million USD | -7.5% |
| 2010 | 1,717 million USD | +18.2% |
| 2011 | 1,808 million USD | +5.3% |
| 2012 | 1,623 million USD | -10.2% |
| 2013 | 1,621 million USD | -0.1% |
| 2014 | 1,758 million USD | +8.5% |
| 2015 | 1,772 million USD | +0.8% |
| 2016 | 1,854 million USD | +4.6% |
| 2017 | 1,914 million USD | +3.2% |
| 2018 | 1,957 million USD | +2.3% |
| 2019 | 2,027 million USD | +3.6% |
| 2020 | 2,007 million USD | -1.0% |
| 2021 | 2,080 million USD | +3.6% |
| 2022 | 2,183 million USD | +4.9% |
| 2023 | 2,267 million USD | +3.9% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Melanesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +68.0% | 807.96 million USD | 1,357 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,041 million USD | 899.61 million USD | 1,141 million USD | 10 |
| 1980s | 986.42 million USD | 779.36 million USD | 1,499 million USD | 10 |
| 1990s | 1,237 million USD | 1,114 million USD | 1,360 million USD | 10 |
| 2000s | 1,537 million USD | 1,254 million USD | 2,085 million USD | 10 |
| 2010s | 1,805 million USD | 1,621 million USD | 2,027 million USD | 10 |
| 2020s | 2,135 million USD | 2,007 million USD | 2,267 million USD | 4 |
Countries ranked near Melanesia
More economy & growth data for Melanesia
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,365 USD (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.11 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.98 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.32 % (2024)
- Gross Domestic Product — Annual growth US$ 5.12 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 43,564 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.03 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 3.74 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Melanesia?
- Value added (total manufacturing) — value us$, 2015 prices in Melanesia was 2,267 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Melanesia?
- The highest recorded value was 2,267 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Melanesia?
- The lowest recorded value was 779.36 million USD in 1983.
- How does Melanesia rank for value added (total manufacturing) — value us$, 2015 prices?
- Melanesia ranks 125th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Melanesia?
- Over the last ten years it is up 39.9%. The long-run trend across the full record is rising.
- Where does this Melanesia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).