Value Added (Total Manufacturing) — Value US$ in Africa
Africa: Value Added (Total Manufacturing) — Value US$ was 335,951 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Africa, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$ in Africa is 335,951 million USD, measured in 2023.
The figure is down 4.9% on the previous year and up 28.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Africa peaked at 353,312 million USD in 2022 and was at its lowest, 17,711 million USD, in 1970.
That places Africa 19th out of 32 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40,921 million USD | 17,711 million USD | 75,283 million USD | 10 |
| 1980s | 85,960 million USD | 71,555 million USD | 95,469 million USD | 10 |
| 1990s | 93,741 million USD | 86,468 million USD | 102,755 million USD | 10 |
| 2000s | 139,304 million USD | 90,960 million USD | 197,392 million USD | 10 |
| 2010s | 254,546 million USD | 216,568 million USD | 291,477 million USD | 10 |
| 2020s | 328,472 million USD | 291,997 million USD | 353,312 million USD | 4 |
Countries ranked near Africa
- 16 Spain 176,454 million USD compare
- 17 Ireland 162,320 million USD compare
- 18 Switzerland 159,541 million USD compare
- 19 Saudi Arabia 157,876 million USD compare
- 20 Poland 135,621 million USD compare
- 21 Thailand 128,271 million USD compare
- 22 Netherlands (Kingdom of the) 125,146 million USD compare
More economy & growth data for Africa
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.95 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.98 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Africa?
- Value added (total manufacturing) — value us$ in Africa was 335,951 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Africa?
- The highest recorded value was 353,312 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Africa?
- The lowest recorded value was 17,711 million USD in 1970.
- How does Africa rank for value added (total manufacturing) — value us$?
- Africa ranks 19th out of 32 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Africa?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).