Value Added (Total Manufacturing) — Value US$, annual growth rate in Western Europe
Western Europe: Value Added (Total Manufacturing) — Value US$, annual growth rate was 9.73 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Western Europe, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value us$, annual growth rate in Western Europe is 9.73 % change on previous year, measured in 2023.
Compared with earlier readings it is up 323.0% on the previous year and up 133.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Western Europe peaked at 42.29 % change on previous year in 1986 and was at its lowest, -17.09 % change on previous year, in 1981.
That places Western Europe 3rd out of 30 groups with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Western Europe, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.53 % change on previous year | — |
| 1972 | 18.42 % change on previous year | +59.7% |
| 1973 | 32.29 % change on previous year | +75.2% |
| 1974 | 14.32 % change on previous year | -55.7% |
| 1975 | 8.67 % change on previous year | -39.4% |
| 1976 | 5.29 % change on previous year | -39.0% |
| 1977 | 12.66 % change on previous year | +139.2% |
| 1978 | 22.58 % change on previous year | +78.4% |
| 1979 | 16.32 % change on previous year | -27.7% |
| 1980 | 7.02 % change on previous year | -57.0% |
| 1981 | -17.09 % change on previous year | -343.6% |
| 1982 | -4.83 % change on previous year | -71.7% |
| 1983 | -2.72 % change on previous year | -43.7% |
| 1984 | -5.89 % change on previous year | +116.3% |
| 1985 | 3.77 % change on previous year | -164.1% |
| 1986 | 42.29 % change on previous year | +1020.6% |
| 1987 | 20.65 % change on previous year | -51.2% |
| 1988 | 7.93 % change on previous year | -61.6% |
| 1989 | -1.27 % change on previous year | -116.0% |
| 1990 | 24.54 % change on previous year | -2034.0% |
| 1991 | 1.13 % change on previous year | -95.4% |
| 1992 | 7.34 % change on previous year | +551.6% |
| 1993 | -9.49 % change on previous year | -229.3% |
| 1994 | 4.75 % change on previous year | -150.0% |
| 1995 | 15.69 % change on previous year | +230.4% |
| 1996 | -4.61 % change on previous year | -129.4% |
| 1997 | -10.02 % change on previous year | +117.5% |
| 1998 | 2.57 % change on previous year | -125.7% |
| 1999 | -2.72 % change on previous year | -205.5% |
| 2000 | -8.42 % change on previous year | +209.9% |
| 2001 | -0.6921 % change on previous year | -91.8% |
| 2002 | 4.85 % change on previous year | -800.6% |
| 2003 | 19.71 % change on previous year | +306.6% |
| 2004 | 13.11 % change on previous year | -33.5% |
| 2005 | 1.87 % change on previous year | -85.7% |
| 2006 | 5.87 % change on previous year | +213.2% |
| 2007 | 15.14 % change on previous year | +158.1% |
| 2008 | 6.02 % change on previous year | -60.3% |
| 2009 | -16.42 % change on previous year | -373.0% |
| 2010 | 5.25 % change on previous year | -131.9% |
| 2011 | 13 % change on previous year | +147.7% |
| 2012 | -6.58 % change on previous year | -150.6% |
| 2013 | 4.16 % change on previous year | -163.2% |
| 2014 | 3.95 % change on previous year | -5.0% |
| 2015 | -12.67 % change on previous year | -420.8% |
| 2016 | 3.17 % change on previous year | -125.0% |
| 2017 | 4.75 % change on previous year | +49.9% |
| 2018 | 6.4 % change on previous year | +34.9% |
| 2019 | -3.28 % change on previous year | -151.2% |
| 2020 | -4.28 % change on previous year | +30.6% |
| 2021 | 11.51 % change on previous year | -368.9% |
| 2022 | -4.36 % change on previous year | -137.9% |
| 2023 | 9.73 % change on previous year | -323.0% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Western 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.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +2034.0% | -1.27 % change on previous year | 24.54 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.79 % change on previous year | 5.29 % change on previous year | 32.29 % change on previous year | 9 |
| 1980s | 4.99 % change on previous year | -17.09 % change on previous year | 42.29 % change on previous year | 10 |
| 1990s | 2.92 % change on previous year | -10.02 % change on previous year | 24.54 % change on previous year | 10 |
| 2000s | 4.1 % change on previous year | -16.42 % change on previous year | 19.71 % change on previous year | 10 |
| 2010s | 1.81 % change on previous year | -12.67 % change on previous year | 13 % change on previous year | 10 |
| 2020s | 3.15 % change on previous year | -4.36 % change on previous year | 11.51 % change on previous year | 4 |
Countries ranked near Western Europe
- 1 Lebanon 493.98 % change on previous year compare
- 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
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.3119 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -1.68 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.22 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.7042 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Western Europe?
- Value added (total manufacturing) — value us$, annual growth rate in Western Europe was 9.73 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Western Europe?
- The highest recorded value was 42.29 % change on previous year in 1986.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Western Europe?
- The lowest recorded value was -17.09 % change on previous year in 1981.
- How does Western Europe rank for value added (total manufacturing) — value us$, annual growth rate?
- Western Europe ranks 3rd out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Western Europe?
- Over the last ten years it is up 133.8%. The long-run trend across the full record is volatile.
- Where does this Western Europe data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. 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.