Value Added (Total Manufacturing) — Value US$, 2015 prices in Oceania
Oceania: Value Added (Total Manufacturing) — Value US$, 2015 prices was 100,324 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Oceania, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Oceania is 100,324 million USD, measured in 2023.
The figure is down 0.5% on the previous year and up 0.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Oceania peaked at 109,435 million USD in 2007 and was at its lowest, 58,380 million USD, in 1970.
That places Oceania 25th out of 32 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64,832 million USD | 58,380 million USD | 70,487 million USD | 10 |
| 1980s | 75,338 million USD | 69,404 million USD | 82,673 million USD | 10 |
| 1990s | 85,519 million USD | 77,163 million USD | 93,628 million USD | 10 |
| 2000s | 103,085 million USD | 95,902 million USD | 109,435 million USD | 10 |
| 2010s | 99,983 million USD | 97,966 million USD | 103,186 million USD | 10 |
| 2020s | 100,519 million USD | 99,143 million USD | 101,785 million USD | 4 |
Countries ranked near Oceania
- 22 Australia and New Zealand 97,667 million USD compare
- 23 Bangladesh 95,456 million USD compare
- 24 Viet Nam 94,697 million USD compare
- 25 Malaysia 93,894 million USD compare
- 26 Saudi Arabia 92,581 million USD compare
- 27 Argentina 86,583 million USD compare
- 28 Sweden 81,618 million USD compare
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.84 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Oceania?
- Value added (total manufacturing) — value us$, 2015 prices in Oceania was 100,324 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Oceania?
- The highest recorded value was 109,435 million USD in 2007.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Oceania?
- The lowest recorded value was 58,380 million USD in 1970.
- How does Oceania rank for value added (total manufacturing) — value us$, 2015 prices?
- Oceania ranks 25th out of 32 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Oceania?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is rising.
- Where does this Oceania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 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).