Value Added (Total Manufacturing) — Value US$, annual growth rate in Asia
Asia: Value Added (Total Manufacturing) — Value US$, annual growth rate was -1.63 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Asia, 2005–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Asia recorded -1.63 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023. That is the lowest value across all 19 years on record.
That represents a change of down 60.7% on the previous year and down 229.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Asia peaked at 21 % change on previous year in 2021 and was at its lowest, -1.63 % change on previous year, in 2023.
That places Asia 25th out of 30 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Asia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | 9.4 % change on previous year | — |
| 2006 | 9.69 % change on previous year | +3.1% |
| 2007 | 15.33 % change on previous year | +58.2% |
| 2008 | 15.11 % change on previous year | -1.5% |
| 2009 | -0.2191 % change on previous year | -101.4% |
| 2010 | 20.28 % change on previous year | -9356.3% |
| 2011 | 15.58 % change on previous year | -23.2% |
| 2012 | 6.48 % change on previous year | -58.4% |
| 2013 | 1.26 % change on previous year | -80.5% |
| 2014 | 4.34 % change on previous year | +243.2% |
| 2015 | -1.27 % change on previous year | -129.2% |
| 2016 | 1.7 % change on previous year | -234.4% |
| 2017 | 7.87 % change on previous year | +362.8% |
| 2018 | 8.29 % change on previous year | +5.3% |
| 2019 | -1.25 % change on previous year | -115.0% |
| 2020 | -0.7033 % change on previous year | -43.6% |
| 2021 | 21 % change on previous year | -3085.0% |
| 2022 | -1.02 % change on previous year | -104.8% |
| 2023 | -1.63 % change on previous year | +60.7% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +9356.3% | -0.2191 % change on previous year | 20.28 % change on previous year |
| 2021 | +3085.0% | -0.7033 % change on previous year | 21 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.86 % change on previous year | -0.2191 % change on previous year | 15.33 % change on previous year | 5 |
| 2010s | 6.33 % change on previous year | -1.27 % change on previous year | 20.28 % change on previous year | 10 |
| 2020s | 4.41 % change on previous year | -1.63 % change on previous year | 21 % change on previous year | 4 |
Countries ranked near Asia
- 23 Turks and Caicos Islands 18.68 % change on previous year compare
- 24 Palau 18.14 % change on previous year compare
- 25 Guinea-Bissau 17.92 % change on previous year compare
- 26 Iran (Islamic Republic of) 17.72 % change on previous year compare
- 27 Syria 17.36 % change on previous year compare
- 27 Syrian Arab Republic 17.36 % change on previous year compare
More economy & growth data for Asia
- Gross Fixed Capital Formation — Value US$ 13.40 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 37.66 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.54 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.9 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.51 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.88 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 33.42 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.69 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 7,873 USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Asia?
- Value added (total manufacturing) — value us$, annual growth rate in Asia was -1.63 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Asia?
- The highest recorded value was 21 % change on previous year in 2021.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Asia?
- The lowest recorded value was -1.63 % change on previous year in 2023.
- How does Asia rank for value added (total manufacturing) — value us$, annual growth rate?
- Asia ranks 25th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Asia?
- Over the last ten years it is down 229.1%. The long-run trend across the full record is volatile.
- Where does this Asia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.