Value Added (Total Manufacturing) — Value US$, annual growth rate in European Union (27)
European Union (27): Value Added (Total Manufacturing) — Value US$, annual growth rate was 8.02 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in European Union (27), 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value us$, annual growth rate in European Union (27) stood at 8.02 % change on previous year.
The figure is up 454.6% on the previous year and up 133.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in European Union (27) peaked at 37.24 % change on previous year in 1986 and was at its lowest, -17.66 % change on previous year, in 2009.
European Union (27) ranks 5th of 30 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in European Union (27), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.53 % change on previous year | — |
| 1972 | 15.75 % change on previous year | +49.5% |
| 1973 | 26.91 % change on previous year | +70.9% |
| 1974 | 15.24 % change on previous year | -43.4% |
| 1975 | 8.68 % change on previous year | -43.0% |
| 1976 | 7 % change on previous year | -19.3% |
| 1977 | 11.25 % change on previous year | +60.7% |
| 1978 | -11.05 % change on previous year | -198.2% |
| 1979 | 18.84 % change on previous year | -270.5% |
| 1980 | 8.71 % change on previous year | -53.8% |
| 1981 | -14.63 % change on previous year | -267.9% |
| 1982 | -3.91 % change on previous year | -73.3% |
| 1983 | -2.92 % change on previous year | -25.4% |
| 1984 | -3.64 % change on previous year | +24.8% |
| 1985 | 3.67 % change on previous year | -200.9% |
| 1986 | 37.24 % change on previous year | +913.9% |
| 1987 | 19.77 % change on previous year | -46.9% |
| 1988 | 9.05 % change on previous year | -54.2% |
| 1989 | 1.33 % change on previous year | -85.3% |
| 1990 | 22.25 % change on previous year | +1570.8% |
| 1991 | 0.142 % change on previous year | -99.4% |
| 1992 | 5.18 % change on previous year | +3550.1% |
| 1993 | -12.56 % change on previous year | -342.2% |
| 1994 | 4.64 % change on previous year | -136.9% |
| 1995 | 16.4 % change on previous year | +253.6% |
| 1996 | -0.5158 % change on previous year | -103.1% |
| 1997 | -7.86 % change on previous year | +1423.4% |
| 1998 | 3.09 % change on previous year | -139.4% |
| 1999 | -2.4 % change on previous year | -177.6% |
| 2000 | -7.6 % change on previous year | +216.7% |
| 2001 | -0.256 % change on previous year | -96.6% |
| 2002 | 6.31 % change on previous year | -2564.3% |
| 2003 | 19.87 % change on previous year | +215.1% |
| 2004 | 13.69 % change on previous year | -31.1% |
| 2005 | 2.63 % change on previous year | -80.8% |
| 2006 | 6.5 % change on previous year | +147.2% |
| 2007 | 16.29 % change on previous year | +150.6% |
| 2008 | 6.69 % change on previous year | -58.9% |
| 2009 | -17.66 % change on previous year | -363.8% |
| 2010 | 3.13 % change on previous year | -117.7% |
| 2011 | 10.86 % change on previous year | +247.5% |
| 2012 | -8.48 % change on previous year | -178.1% |
| 2013 | 3.44 % change on previous year | -140.6% |
| 2014 | 4.14 % change on previous year | +20.4% |
| 2015 | -9.86 % change on previous year | -338.1% |
| 2016 | 2.95 % change on previous year | -129.9% |
| 2017 | 5.94 % change on previous year | +101.3% |
| 2018 | 7.35 % change on previous year | +23.7% |
| 2019 | -3.11 % change on previous year | -142.3% |
| 2020 | -3.97 % change on previous year | +27.7% |
| 2021 | 14.49 % change on previous year | -464.9% |
| 2022 | -2.26 % change on previous year | -115.6% |
| 2023 | 8.02 % change on previous year | -454.6% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in European Union (27) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +3550.1% | 0.142 % change on previous year | 5.18 % change on previous year |
| 2002 | +2564.3% | -0.256 % change on previous year | 6.31 % change on previous year |
| 1990 | +1570.8% | 1.33 % change on previous year | 22.25 % change on previous year |
| 1997 | -1423.4% | -0.5158 % change on previous year | -7.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.46 % change on previous year | -11.05 % change on previous year | 26.91 % change on previous year | 9 |
| 1980s | 5.47 % change on previous year | -14.63 % change on previous year | 37.24 % change on previous year | 10 |
| 1990s | 2.84 % change on previous year | -12.56 % change on previous year | 22.25 % change on previous year | 10 |
| 2000s | 4.65 % change on previous year | -17.66 % change on previous year | 19.87 % change on previous year | 10 |
| 2010s | 1.64 % change on previous year | -9.86 % change on previous year | 10.86 % change on previous year | 10 |
| 2020s | 4.07 % change on previous year | -3.97 % change on previous year | 14.49 % change on previous year | 4 |
Countries ranked near European Union (27)
- 2 Cuba 69.44 % change on previous year compare
- 3 Saint Lucia 55.11 % change on previous year compare
- 4 South Sudan 50.52 % change on previous year compare
- 5 China, Macao SAR 49.08 % change on previous year compare
- 6 Ethiopia 41.83 % change on previous year compare
- 7 Slovakia 37.17 % change on previous year compare
- 8 Guyana 31.09 % change on previous year compare
More economy & growth data for European Union (27)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.03 % (2024)
- Gross Domestic Product — Value US$ per capita 43,110 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 34,842 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 15.69 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.41 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.5 % (2024)
- Gross Fixed Capital Formation — Value US$ 4.15 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.37 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 3.30 million million USD (2024)
- Gross Domestic Product — Value US$ 19.41 million million USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in European Union (27)?
- Value added (total manufacturing) — value us$, annual growth rate in European Union (27) was 8.02 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in European Union (27)?
- The highest recorded value was 37.24 % change on previous year in 1986.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in European Union (27)?
- The lowest recorded value was -17.66 % change on previous year in 2009.
- How does European Union (27) rank for value added (total manufacturing) — value us$, annual growth rate?
- European Union (27) ranks 5th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in European Union (27)?
- Over the last ten years it is up 133.2%. The long-run trend across the full record is volatile.
- Where does this European Union (27) data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. 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.