Value Added (Total Manufacturing) — Value US$, annual growth rate in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$, annual growth rate was 2.1 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Least Developed Countries (LDCs), 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value us$, annual growth rate in Least Developed Countries (LDCs) is 2.1 % change on previous year, measured in 2023.
That represents a change of down 53.6% on the previous year and down 77.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Least Developed Countries (LDCs) peaked at 24.18 % change on previous year in 1973 and was at its lowest, -11.46 % change on previous year, in 1994.
That places Least Developed Countries (LDCs) 19th out of 30 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Least Developed Countries (LDCs), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.55 % change on previous year | — |
| 1972 | 7.69 % change on previous year | +17.5% |
| 1973 | 24.18 % change on previous year | +214.4% |
| 1974 | 18.35 % change on previous year | -24.1% |
| 1975 | 7.8 % change on previous year | -57.5% |
| 1976 | 3.79 % change on previous year | -51.4% |
| 1977 | 10.73 % change on previous year | +183.0% |
| 1978 | 23.09 % change on previous year | +115.2% |
| 1979 | 10.74 % change on previous year | -53.5% |
| 1980 | 12.11 % change on previous year | +12.8% |
| 1981 | -0.8569 % change on previous year | -107.1% |
| 1982 | -2.79 % change on previous year | +225.1% |
| 1983 | -4.33 % change on previous year | +55.5% |
| 1984 | -5.96 % change on previous year | +37.5% |
| 1985 | 2.47 % change on previous year | -141.4% |
| 1986 | 7.61 % change on previous year | +208.2% |
| 1987 | -1.92 % change on previous year | -125.2% |
| 1988 | 9.47 % change on previous year | -594.4% |
| 1989 | 6.48 % change on previous year | -31.5% |
| 1990 | 6.18 % change on previous year | -4.7% |
| 1991 | -2.35 % change on previous year | -138.0% |
| 1992 | -3.71 % change on previous year | +58.4% |
| 1993 | 1.4 % change on previous year | -137.6% |
| 1994 | -11.46 % change on previous year | -919.2% |
| 1995 | 11.81 % change on previous year | -203.1% |
| 1996 | 9.38 % change on previous year | -20.6% |
| 1997 | 3.74 % change on previous year | -60.1% |
| 1998 | 3.86 % change on previous year | +3.0% |
| 1999 | -0.7504 % change on previous year | -119.5% |
| 2000 | 3.06 % change on previous year | -507.4% |
| 2001 | 12.4 % change on previous year | +305.6% |
| 2002 | 8.29 % change on previous year | -33.2% |
| 2003 | 11.53 % change on previous year | +39.1% |
| 2004 | 14.84 % change on previous year | +28.7% |
| 2005 | 10.54 % change on previous year | -28.9% |
| 2006 | 19.6 % change on previous year | +85.9% |
| 2007 | 23.22 % change on previous year | +18.5% |
| 2008 | 15.38 % change on previous year | -33.8% |
| 2009 | 13.37 % change on previous year | -13.1% |
| 2010 | 12.32 % change on previous year | -7.9% |
| 2011 | 14.85 % change on previous year | +20.5% |
| 2012 | 6.25 % change on previous year | -57.9% |
| 2013 | 9.43 % change on previous year | +50.8% |
| 2014 | 10.65 % change on previous year | +12.9% |
| 2015 | 4.74 % change on previous year | -55.5% |
| 2016 | 11.25 % change on previous year | +137.3% |
| 2017 | 9.07 % change on previous year | -19.4% |
| 2018 | 7.32 % change on previous year | -19.2% |
| 2019 | 5.97 % change on previous year | -18.5% |
| 2020 | 1.7 % change on previous year | -71.5% |
| 2021 | 14.02 % change on previous year | +722.9% |
| 2022 | 4.52 % change on previous year | -67.8% |
| 2023 | 2.1 % change on previous year | -53.6% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Least Developed Countries (LDCs) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -919.2% | 1.4 % change on previous year | -11.46 % change on previous year |
| 2021 | +722.9% | 1.7 % change on previous year | 14.02 % change on previous year |
| 1988 | +594.4% | -1.92 % change on previous year | 9.47 % change on previous year |
| 2000 | +507.4% | -0.7504 % change on previous year | 3.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.55 % change on previous year | 3.79 % change on previous year | 24.18 % change on previous year | 9 |
| 1980s | 2.23 % change on previous year | -5.96 % change on previous year | 12.11 % change on previous year | 10 |
| 1990s | 1.81 % change on previous year | -11.46 % change on previous year | 11.81 % change on previous year | 10 |
| 2000s | 13.22 % change on previous year | 3.06 % change on previous year | 23.22 % change on previous year | 10 |
| 2010s | 9.19 % change on previous year | 4.74 % change on previous year | 14.85 % change on previous year | 10 |
| 2020s | 5.58 % change on previous year | 1.7 % change on previous year | 14.02 % change on previous year | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 16 Hungary 22.52 % change on previous year compare
- 17 Costa Rica 20.83 % change on previous year compare
- 18 Armenia 19.93 % change on previous year compare
- 19 Ukraine 19.69 % change on previous year compare
- 20 Democratic Republic of the Congo 19.46 % change on previous year compare
- 21 Moldova 18.99 % change on previous year compare
- 21 Republic of Moldova 18.99 % change on previous year compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.54 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Least Developed Countries (LDCs)?
- Value added (total manufacturing) — value us$, annual growth rate in Least Developed Countries (LDCs) was 2.1 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 24.18 % change on previous year in 1973.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was -11.46 % change on previous year in 1994.
- How does Least Developed Countries (LDCs) rank for value added (total manufacturing) — value us$, annual growth rate?
- Least Developed Countries (LDCs) ranks 19th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 77.8%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, 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.