Value Added (Total Manufacturing) — Value US$, 2015 prices in Western Africa
Western Africa: Value Added (Total Manufacturing) — Value US$, 2015 prices was 81,321 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Western Africa, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Western Africa stood at 81,321 million USD. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 31.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Western Africa peaked at 81,321 million USD in 2023 and was at its lowest, 18,540 million USD, in 1970.
That places Western Africa 23rd out of 29 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Western Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 18,540 million USD | — |
| 1971 | 18,698 million USD | +0.9% |
| 1972 | 20,257 million USD | +8.3% |
| 1973 | 24,353 million USD | +20.2% |
| 1974 | 24,622 million USD | +1.1% |
| 1975 | 27,999 million USD | +13.7% |
| 1976 | 32,646 million USD | +16.6% |
| 1977 | 35,351 million USD | +8.3% |
| 1978 | 38,432 million USD | +8.7% |
| 1979 | 40,564 million USD | +5.5% |
| 1980 | 45,480 million USD | +12.1% |
| 1981 | 49,225 million USD | +8.2% |
| 1982 | 42,746 million USD | -13.2% |
| 1983 | 32,198 million USD | -24.7% |
| 1984 | 30,721 million USD | -4.6% |
| 1985 | 33,317 million USD | +8.4% |
| 1986 | 31,442 million USD | -5.6% |
| 1987 | 35,866 million USD | +14.1% |
| 1988 | 40,285 million USD | +12.3% |
| 1989 | 36,191 million USD | -10.2% |
| 1990 | 38,338 million USD | +5.9% |
| 1991 | 40,632 million USD | +6.0% |
| 1992 | 44,599 million USD | +9.8% |
| 1993 | 36,656 million USD | -17.8% |
| 1994 | 33,195 million USD | -9.4% |
| 1995 | 30,632 million USD | -7.7% |
| 1996 | 31,845 million USD | +4.0% |
| 1997 | 33,292 million USD | +4.5% |
| 1998 | 32,380 million USD | -2.7% |
| 1999 | 33,618 million USD | +3.8% |
| 2000 | 33,880 million USD | +0.8% |
| 2001 | 34,500 million USD | +1.8% |
| 2002 | 39,142 million USD | +13.5% |
| 2003 | 37,165 million USD | -5.1% |
| 2004 | 37,169 million USD | +0.0% |
| 2005 | 38,387 million USD | +3.3% |
| 2006 | 39,057 million USD | +1.7% |
| 2007 | 39,643 million USD | +1.5% |
| 2008 | 40,488 million USD | +2.1% |
| 2009 | 41,119 million USD | +1.6% |
| 2010 | 42,072 million USD | +2.3% |
| 2011 | 47,342 million USD | +12.5% |
| 2012 | 52,788 million USD | +11.5% |
| 2013 | 61,635 million USD | +16.8% |
| 2014 | 67,812 million USD | +10.0% |
| 2015 | 68,256 million USD | +0.7% |
| 2016 | 69,595 million USD | +2.0% |
| 2017 | 69,969 million USD | +0.5% |
| 2018 | 73,225 million USD | +4.7% |
| 2019 | 76,652 million USD | +4.7% |
| 2020 | 74,080 million USD | -3.4% |
| 2021 | 76,996 million USD | +3.9% |
| 2022 | 78,890 million USD | +2.5% |
| 2023 | 81,321 million USD | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28,146 million USD | 18,540 million USD | 40,564 million USD | 10 |
| 1980s | 37,747 million USD | 30,721 million USD | 49,225 million USD | 10 |
| 1990s | 35,519 million USD | 30,632 million USD | 44,599 million USD | 10 |
| 2000s | 38,055 million USD | 33,880 million USD | 41,119 million USD | 10 |
| 2010s | 62,934 million USD | 42,072 million USD | 76,652 million USD | 10 |
| 2020s | 77,822 million USD | 74,080 million USD | 81,321 million USD | 4 |
Countries ranked near Western Africa
- 20 Netherlands (Kingdom of the) 104,297 million USD compare
- 21 Australia and New Zealand 97,667 million USD compare
- 22 Bangladesh 95,456 million USD compare
- 23 Malaysia 93,894 million USD compare
- 24 Saudi Arabia 92,581 million USD compare
- 25 Argentina 86,583 million USD compare
- 26 Sweden 81,618 million USD compare
More economy & growth data for Western Africa
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.59 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Fixed Capital Formation — Value US$ 137,957 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 155,725 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ -31.89 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Western Africa?
- Value added (total manufacturing) — value us$, 2015 prices in Western Africa was 81,321 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Western Africa?
- The highest recorded value was 81,321 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Western Africa?
- The lowest recorded value was 18,540 million USD in 1970.
- How does Western Africa rank for value added (total manufacturing) — value us$, 2015 prices?
- Western Africa ranks 23rd out of 29 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Western Africa?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is rising.
- Where does this Western Africa 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).