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

World: Value Added (Total Manufacturing) — Value US$, annual growth rate was 2.05 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.05 % change on previous year
Change on year
down 4.6%
Rank
20th
of 30 groups
All-time high
18.04 % change on previous year
in 2021
All-time low
-8.45 % change on previous year
in 2009
Years of data
19
2005–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in World, 2005–2023

-10010202005201420232005: 7.1 % change on previous year2006: 8.2 % change on previous year2007: 12.7 % change on previous year2008: 8.4 % change on previous year2009: -8.4 % change on previous year2010: 13.1 % change on previous year2011: 11.8 % change on previous year2012: 2 % change on previous year2013: 2 % change on previous year2014: 3.3 % change on previous year2015: -3.7 % change on previous year2016: 0.241 % change on previous year2017: 6 % change on previous year2018: 7.2 % change on previous year2019: -1.1 % change on previous year2020: -3 % change on previous year2021: 18 % change on previous year2022: 2.1 % change on previous year2023: 2 % change on previous year

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

Analysis

In 2023, value added (total manufacturing) — value us$, annual growth rate in World stood at 2.05 % change on previous year.

The figure is down 4.6% on the previous year and up 1.2% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in World peaked at 18.04 % change on previous year in 2021 and was at its lowest, -8.45 % change on previous year, in 2009.

World ranks 20th of 30 groups on this measure, 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 World, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in World, 2005 to 2023.
Year % change on previous year Change
2005 7.05 % change on previous year
2006 8.24 % change on previous year +16.9%
2007 12.69 % change on previous year +54.1%
2008 8.38 % change on previous year -34.0%
2009 -8.45 % change on previous year -200.7%
2010 13.15 % change on previous year -255.7%
2011 11.8 % change on previous year -10.2%
2012 2.03 % change on previous year -82.8%
2013 2.02 % change on previous year -0.4%
2014 3.31 % change on previous year +63.5%
2015 -3.67 % change on previous year -211.0%
2016 0.2413 % change on previous year -106.6%
2017 5.97 % change on previous year +2374.2%
2018 7.15 % change on previous year +19.8%
2019 -1.13 % change on previous year -115.8%
2020 -3.01 % change on previous year +166.3%
2021 18.04 % change on previous year -700.4%
2022 2.14 % change on previous year -88.1%
2023 2.05 % change on previous year -4.6%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in World 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
2017 +2374.2% 0.2413 % change on previous year 5.97 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.58 % change on previous year -8.45 % change on previous year 12.69 % change on previous year 5
2010s 4.09 % change on previous year -3.67 % change on previous year 13.15 % change on previous year 10
2020s 4.81 % change on previous year -3.01 % change on previous year 18.04 % change on previous year 4

Countries ranked near World

  1. 17 Costa Rica 20.83 % change on previous year compare
  2. 18 Armenia 19.93 % change on previous year compare
  3. 19 Ukraine 19.69 % change on previous year compare
  4. 20 Democratic Republic of the Congo 19.46 % change on previous year compare
  5. 21 Moldova 18.99 % change on previous year compare
  6. 21 Republic of Moldova 18.99 % change on previous year compare
  7. 23 Turks and Caicos Islands 18.68 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for World

All data for World →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in World?
Value added (total manufacturing) — value us$, annual growth rate in World was 2.05 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in World?
The highest recorded value was 18.04 % change on previous year in 2021.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in World?
The lowest recorded value was -8.45 % change on previous year in 2009.
How does World rank for value added (total manufacturing) — value us$, annual growth rate?
World ranks 20th out of 30 groups with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in World?
Over the last ten years it is up 1.2%. The long-run trend across the full record is volatile.
Where does this World 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 World. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/world/

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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.