Value Added (Total Manufacturing) β€” Value US$ in Albania

Albania: Value Added (Total Manufacturing) β€” Value US$ was 1,356 million USD in 2023. β—† Volatile

Latest (2023)
1,356 million USD
Change on year
up 9.6%
World rank
146th
of 220 countries
All-time high
1,356 million USD
in 2023
All-time low
101.97 million USD
in 1997
Years of data
54
1970–2023

Value Added (Total Manufacturing) β€” Value US$ in Albania, 1970–2023

05001.0k1.5k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) β€” value us$ in Albania stood at 1,356 million USD. That is the highest value across all 54 years on record.

That represents a change of up 9.6% on the previous year and up 109.7% over ten years.

Over the whole period, value added (total manufacturing) β€” value us$ in Albania peaked at 1,356 million USD in 2023 and was at its lowest, 101.97 million USD, in 1997.

Albania ranks 146th of 220 countries 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 439.96 million USD 394.65 million USD 493.39 million USD 10
1980s 413.98 million USD 376.05 million USD 499.7 million USD 10
1990s 177.29 million USD 101.97 million USD 428.49 million USD 10
2000s 364.59 million USD 150.59 million USD 643.78 million USD 10
2010s 731.46 million USD 568.49 million USD 963.57 million USD 10
2020s 1,157 million USD 933.42 million USD 1,356 million USD 4

Countries ranked near Albania

  1. 143 Namibia 1,388 million USD compare
  2. 144 Malta 1,374 million USD compare
  3. 145 Mongolia 1,374 million USD compare
  4. 147 Libya 1,256 million USD compare
  5. 148 Afghanistan 1,249 million USD compare
  6. 149 Togo 1,248 million USD compare

See the full ranking of 252 places β†’

More economy & growth data for Albania

All data for Albania β†’

Frequently asked questions

What is value added (total manufacturing) β€” value us$ in Albania?
Value added (total manufacturing) β€” value us$ in Albania was 1,356 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) β€” value us$ recorded in Albania?
The highest recorded value was 1,356 million USD in 2023.
What is the lowest value added (total manufacturing) β€” value us$ recorded in Albania?
The lowest recorded value was 101.97 million USD in 1997.
How does Albania rank for value added (total manufacturing) β€” value us$?
Albania ranks 146th out of 220 countries with data for 2023.
Is value added (total manufacturing) β€” value us$ rising or falling in Albania?
Over the last ten years it is up 109.7%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).