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

Southern Europe: Value Added (Total Manufacturing) — Value US$, annual growth rate was 10.19 % change on previous year in 2023. ◆ Volatile

Latest (2023)
10.19 % change on previous year
Change on year
up 472.5%
Rank
2nd
of 30 groups
All-time high
32.79 % change on previous year
in 1986
All-time low
-18.99 % change on previous year
in 1993
Years of data
53
1971–2023

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

-2002040197119972023

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

Analysis

In 2023, value added (total manufacturing) — value us$, annual growth rate in Southern Europe stood at 10.19 % change on previous year.

Compared with earlier readings it is up 472.5% on the previous year and up 269.6% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Southern Europe peaked at 32.79 % change on previous year in 1986 and was at its lowest, -18.99 % change on previous year, in 1993.

Southern Europe ranks 2nd of 30 groups on this measure, in the top 10%.

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 Southern Europe, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Southern Europe, 1971 to 2023.
Year % change on previous year Change
1971 9.48 % change on previous year
1972 17.93 % change on previous year +89.1%
1973 29.42 % change on previous year +64.1%
1974 23.82 % change on previous year -19.0%
1975 10.26 % change on previous year -56.9%
1976 5.64 % change on previous year -45.1%
1977 12.3 % change on previous year +118.2%
1978 18.53 % change on previous year +50.7%
1979 27.25 % change on previous year +47.1%
1980 15.52 % change on previous year -43.1%
1981 -11.24 % change on previous year -172.4%
1982 -5.32 % change on previous year -52.6%
1983 -4.49 % change on previous year -15.7%
1984 0.4196 % change on previous year -109.4%
1985 4.54 % change on previous year +981.7%
1986 32.79 % change on previous year +622.5%
1987 21.7 % change on previous year -33.8%
1988 11.24 % change on previous year -48.2%
1989 6.42 % change on previous year -42.9%
1990 13.36 % change on previous year +107.9%
1991 0.6431 % change on previous year -95.2%
1992 3.03 % change on previous year +371.7%
1993 -18.99 % change on previous year -726.2%
1994 3.4 % change on previous year -117.9%
1995 12.23 % change on previous year +260.1%
1996 7.58 % change on previous year -38.0%
1997 -6.35 % change on previous year -183.8%
1998 2.3 % change on previous year -136.3%
1999 -2.66 % change on previous year -215.7%
2000 -8.78 % change on previous year +229.7%
2001 0.7236 % change on previous year -108.2%
2002 7.82 % change on previous year +980.8%
2003 20.25 % change on previous year +159.0%
2004 13 % change on previous year -35.8%
2005 1.78 % change on previous year -86.3%
2006 5.64 % change on previous year +216.4%
2007 15.4 % change on previous year +172.7%
2008 7.22 % change on previous year -53.1%
2009 -17.86 % change on previous year -347.3%
2010 -2.21 % change on previous year -87.6%
2011 6.11 % change on previous year -376.2%
2012 -12.15 % change on previous year -298.6%
2013 2.76 % change on previous year -122.7%
2014 1.75 % change on previous year -36.5%
2015 -12.4 % change on previous year -808.9%
2016 4.01 % change on previous year -132.4%
2017 6.52 % change on previous year +62.3%
2018 7.09 % change on previous year +8.8%
2019 -4.01 % change on previous year -156.5%
2020 -6.55 % change on previous year +63.5%
2021 19.31 % change on previous year -394.7%
2022 -2.73 % change on previous year -114.2%
2023 10.19 % change on previous year -472.5%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Southern Europe 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 +981.7% 0.4196 % change on previous year 4.54 % change on previous year
2002 +980.8% 0.7236 % change on previous year 7.82 % change on previous year
2015 -808.9% 1.75 % change on previous year -12.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.18 % change on previous year 5.64 % change on previous year 29.42 % change on previous year 9
1980s 7.16 % change on previous year -11.24 % change on previous year 32.79 % change on previous year 10
1990s 1.45 % change on previous year -18.99 % change on previous year 13.36 % change on previous year 10
2000s 4.52 % change on previous year -17.86 % change on previous year 20.25 % change on previous year 10
2010s -0.2524 % change on previous year -12.4 % change on previous year 7.09 % change on previous year 10
2020s 5.05 % change on previous year -6.55 % change on previous year 19.31 % change on previous year 4

Countries ranked near Southern Europe

  1. 1 Lebanon 493.98 % change on previous year compare
  2. 2 Cuba 69.44 % change on previous year compare
  3. 3 Saint Lucia 55.11 % change on previous year compare
  4. 4 South Sudan 50.52 % change on previous year compare
  5. 5 China, Macao SAR 49.08 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Southern Europe

All data for Southern Europe →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Southern Europe?
Value added (total manufacturing) — value us$, annual growth rate in Southern Europe was 10.19 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Southern Europe?
The highest recorded value was 32.79 % change on previous year in 1986.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Southern Europe?
The lowest recorded value was -18.99 % change on previous year in 1993.
How does Southern Europe rank for value added (total manufacturing) — value us$, annual growth rate?
Southern Europe ranks 2nd out of 30 groups with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Southern Europe?
Over the last ten years it is up 269.6%. The long-run trend across the full record is volatile.
Where does this Southern Europe 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 Southern Europe. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/southern-europe/

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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.