Value Added (Total Manufacturing) — Value US$, 2015 prices in South America
South America: Value Added (Total Manufacturing) — Value US$, 2015 prices was 401,155 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in South America, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
South America recorded 401,155 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
That represents a change of down 1.6% on the previous year and down 16.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in South America peaked at 480,157 million USD in 2013 and was at its lowest, 156,817 million USD, in 1970.
South America ranks 16th of 29 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in South America, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 156,817 million USD | — |
| 1971 | 169,550 million USD | +8.1% |
| 1972 | 183,200 million USD | +8.1% |
| 1973 | 200,069 million USD | +9.2% |
| 1974 | 214,024 million USD | +7.0% |
| 1975 | 217,669 million USD | +1.7% |
| 1976 | 232,513 million USD | +6.8% |
| 1977 | 241,990 million USD | +4.1% |
| 1978 | 247,561 million USD | +2.3% |
| 1979 | 264,237 million USD | +6.7% |
| 1980 | 276,661 million USD | +4.7% |
| 1981 | 257,770 million USD | -6.8% |
| 1982 | 254,085 million USD | -1.4% |
| 1983 | 247,317 million USD | -2.7% |
| 1984 | 260,135 million USD | +5.2% |
| 1985 | 268,795 million USD | +3.3% |
| 1986 | 296,105 million USD | +10.2% |
| 1987 | 302,874 million USD | +2.3% |
| 1988 | 299,316 million USD | -1.2% |
| 1989 | 295,889 million USD | -1.1% |
| 1990 | 285,889 million USD | -3.4% |
| 1991 | 279,853 million USD | -2.1% |
| 1992 | 266,298 million USD | -4.8% |
| 1993 | 269,866 million USD | +1.3% |
| 1994 | 289,881 million USD | +7.4% |
| 1995 | 336,468 million USD | +16.1% |
| 1996 | 339,545 million USD | +0.9% |
| 1997 | 353,156 million USD | +4.0% |
| 1998 | 345,760 million USD | -2.1% |
| 1999 | 330,917 million USD | -4.3% |
| 2000 | 344,683 million USD | +4.2% |
| 2001 | 341,862 million USD | -0.8% |
| 2002 | 333,897 million USD | -2.3% |
| 2003 | 346,588 million USD | +3.8% |
| 2004 | 382,325 million USD | +10.3% |
| 2005 | 398,835 million USD | +4.3% |
| 2006 | 416,425 million USD | +4.4% |
| 2007 | 441,325 million USD | +6.0% |
| 2008 | 457,666 million USD | +3.7% |
| 2009 | 424,657 million USD | -7.2% |
| 2010 | 453,550 million USD | +6.8% |
| 2011 | 473,773 million USD | +4.5% |
| 2012 | 468,682 million USD | -1.1% |
| 2013 | 480,157 million USD | +2.4% |
| 2014 | 463,421 million USD | -3.5% |
| 2015 | 444,782 million USD | -4.0% |
| 2016 | 421,472 million USD | -5.2% |
| 2017 | 420,495 million USD | -0.2% |
| 2018 | 414,044 million USD | -1.5% |
| 2019 | 399,293 million USD | -3.6% |
| 2020 | 371,917 million USD | -6.9% |
| 2021 | 402,027 million USD | +8.1% |
| 2022 | 407,603 million USD | +1.4% |
| 2023 | 401,155 million USD | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 212,763 million USD | 156,817 million USD | 264,237 million USD | 10 |
| 1980s | 275,895 million USD | 247,317 million USD | 302,874 million USD | 10 |
| 1990s | 309,763 million USD | 266,298 million USD | 353,156 million USD | 10 |
| 2000s | 388,826 million USD | 333,897 million USD | 457,666 million USD | 10 |
| 2010s | 443,967 million USD | 399,293 million USD | 480,157 million USD | 10 |
| 2020s | 395,676 million USD | 371,917 million USD | 407,603 million USD | 4 |
Countries ranked near South America
More economy & growth data for South America
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 110.42 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.51 % (2024)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 682,399 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.12 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in South America?
- Value added (total manufacturing) — value us$, 2015 prices in South America was 401,155 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in South America?
- The highest recorded value was 480,157 million USD in 2013.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in South America?
- The lowest recorded value was 156,817 million USD in 1970.
- How does South America rank for value added (total manufacturing) — value us$, 2015 prices?
- South America ranks 16th out of 29 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in South America?
- Over the last ten years it is down 16.5%. The long-run trend across the full record is rising.
- Where does this South America 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).