Value Added (Total Manufacturing) — Value US$, annual growth rate in India

India: Value Added (Total Manufacturing) — Value US$, annual growth rate was 2.79 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.79 % change on previous year
Change on year
up 241.1%
World rank
138th
of 236 countries
All-time high
26.36 % change on previous year
in 2010
All-time low
-16.87 % change on previous year
in 1991
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in India, 1971–2023

-20-100102030197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

India recorded 2.79 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.

The figure is up 241.1% on the previous year and up 526.1% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in India peaked at 26.36 % change on previous year in 2010 and was at its lowest, -16.87 % change on previous year, in 1991.

That places India 138th out of 236 countries with data for 2023, putting it in the middle of the range.

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 India, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in India, 1971 to 2023.
Year % change on previous year Change
1971 11.07 % change on previous year
1972 9.61 % change on previous year -13.2%
1973 18.7 % change on previous year +94.6%
1974 22.81 % change on previous year +21.9%
1975 0.6117 % change on previous year -97.3%
1976 3.43 % change on previous year +461.3%
1977 14.86 % change on previous year +332.7%
1978 22.82 % change on previous year +53.6%
1979 15.46 % change on previous year -32.3%
1980 15.42 % change on previous year -0.2%
1981 5.98 % change on previous year -61.2%
1982 1.77 % change on previous year -70.4%
1983 10.21 % change on previous year +475.7%
1984 0.1696 % change on previous year -98.3%
1985 3.04 % change on previous year +1694.8%
1986 8.39 % change on previous year +175.6%
1987 11.41 % change on previous year +36.0%
1988 10.75 % change on previous year -5.8%
1989 5.17 % change on previous year -51.9%
1990 7.23 % change on previous year +40.0%
1991 -16.87 % change on previous year -333.2%
1992 1.18 % change on previous year -107.0%
1993 -2.3 % change on previous year -295.1%
1994 20.38 % change on previous year -987.4%
1995 20.64 % change on previous year +1.3%
1996 4.21 % change on previous year -79.6%
1997 2.58 % change on previous year -38.8%
1998 -4.3 % change on previous year -267.0%
1999 1.32 % change on previous year -130.8%
2000 7.76 % change on previous year +486.3%
2001 1.03 % change on previous year -86.7%
2002 4.07 % change on previous year +294.5%
2003 17.42 % change on previous year +328.1%
2004 20.78 % change on previous year +19.3%
2005 18.21 % change on previous year -12.4%
2006 23.52 % change on previous year +29.1%
2007 22.96 % change on previous year -2.4%
2008 8.47 % change on previous year -63.1%
2009 4.27 % change on previous year -49.5%
2010 26.36 % change on previous year +516.6%
2011 5.8 % change on previous year -78.0%
2012 -2.58 % change on previous year -144.4%
2013 -0.654 % change on previous year -74.6%
2014 5.26 % change on previous year -903.8%
2015 8.7 % change on previous year +65.4%
2016 3.81 % change on previous year -56.2%
2017 13.48 % change on previous year +253.6%
2018 4.35 % change on previous year -67.8%
2019 -6.59 % change on previous year -251.7%
2020 -1.51 % change on previous year -77.1%
2021 21.31 % change on previous year -1512.9%
2022 -1.97 % change on previous year -109.3%
2023 2.79 % change on previous year -241.1%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in India 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.

YearChange FromTo
1985 +1694.8% 0.1696 % change on previous year 3.04 % change on previous year
2021 +1512.9% -1.51 % change on previous year 21.31 % change on previous year
1994 +987.4% -2.3 % change on previous year 20.38 % change on previous year
2014 +903.8% -0.654 % change on previous year 5.26 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.26 % change on previous year 0.6117 % change on previous year 22.82 % change on previous year 9
1980s 7.23 % change on previous year 0.1696 % change on previous year 15.42 % change on previous year 10
1990s 3.41 % change on previous year -16.87 % change on previous year 20.64 % change on previous year 10
2000s 12.85 % change on previous year 1.03 % change on previous year 23.52 % change on previous year 10
2010s 5.79 % change on previous year -6.59 % change on previous year 26.36 % change on previous year 10
2020s 5.15 % change on previous year -1.97 % change on previous year 21.31 % change on previous year 4

Countries ranked near India

  1. 135 Uruguay 3.25 % change on previous year compare
  2. 136 Sri Lanka 3.13 % change on previous year compare
  3. 137 Japan 2.98 % change on previous year compare
  4. 139 British Virgin Islands 2.68 % change on previous year compare
  5. 140 New Zealand 2.68 % change on previous year compare
  6. 141 Panama 2.65 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in India?
Value added (total manufacturing) — value us$, annual growth rate in India was 2.79 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in India?
The highest recorded value was 26.36 % change on previous year in 2010.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in India?
The lowest recorded value was -16.87 % change on previous year in 1991.
How does India rank for value added (total manufacturing) — value us$, annual growth rate?
India ranks 138th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in India?
Over the last ten years it is up 526.1%. The long-run trend across the full record is volatile.
Where does this India 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.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in India. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/india/

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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

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

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.