Value Added (Total Manufacturing) — Value US$, 2015 prices in Western Asia
Western Asia: Value Added (Total Manufacturing) — Value US$, 2015 prices was 484,749 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Western Asia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Western Asia is 484,749 million USD, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 0.6% on the previous year and up 46.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Western Asia peaked at 484,749 million USD in 2023 and was at its lowest, 38,338 million USD, in 1970.
That places Western Asia 7th out of 42 groups with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52,347 million USD | 38,338 million USD | 64,412 million USD | 10 |
| 1980s | 89,641 million USD | 65,405 million USD | 106,622 million USD | 10 |
| 1990s | 135,760 million USD | 107,307 million USD | 166,495 million USD | 10 |
| 2000s | 215,093 million USD | 171,604 million USD | 265,845 million USD | 10 |
| 2010s | 353,024 million USD | 278,309 million USD | 404,639 million USD | 10 |
| 2020s | 456,544 million USD | 404,202 million USD | 484,749 million USD | 4 |
Countries ranked near Western Asia
- 4 Republic of Korea 514,862 million USD compare
- 5 India 483,530 million USD compare
- 6 Italy 286,013 million USD compare
- 7 United Kingdom of Great Britain and Northern Ireland 282,652 million USD compare
- 8 Mexico 271,176 million USD compare
- 9 France 267,645 million USD compare
- 10 USSR 265,509 million USD compare
More economy & growth data for Western Asia
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.15 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.46 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.00 million million USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Western Asia?
- Value added (total manufacturing) — value us$, 2015 prices in Western Asia was 484,749 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Western Asia?
- The highest recorded value was 484,749 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Western Asia?
- The lowest recorded value was 38,338 million USD in 1970.
- How does Western Asia rank for value added (total manufacturing) — value us$, 2015 prices?
- Western Asia ranks 7th out of 42 groups with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Western Asia?
- Over the last ten years it is up 46.1%. The long-run trend across the full record is volatile.
- Where does this Western Asia 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).