Value Added (Total Manufacturing) — Value US$ in Austria

Austria: Value Added (Total Manufacturing) — Value US$ was 81,215 million USD in 2023. ◆ Volatile

Latest (2023)
81,215 million USD
Change on year
up 6.6%
World rank
33rd
of 220 countries
All-time high
81,574 million USD
in 2021
All-time low
4,399 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Austria, 1970–2023

020.0k40.0k60.0k80.0k197019962023

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

Analysis

In 2023, value added (total manufacturing) — value us$ in Austria stood at 81,215 million USD.

The figure is up 6.6% on the previous year and up 11.3% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Austria peaked at 81,574 million USD in 2021 and was at its lowest, 4,399 million USD, in 1970.

Austria ranks 33rd of 220 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 9,242 million USD 4,399 million USD 15,788 million USD 10
1980s 18,399 million USD 13,389 million USD 26,007 million USD 10
1990s 37,614 million USD 32,596 million USD 44,425 million USD 10
2000s 54,561 million USD 36,738 million USD 76,797 million USD 10
2010s 71,994 million USD 65,445 million USD 78,392 million USD 10
2020s 77,771 million USD 72,098 million USD 81,574 million USD 4

Countries ranked near Austria

  1. 30 Malaysia 92,117 million USD compare
  2. 31 Singapore 88,498 million USD compare
  3. 32 Sweden 83,010 million USD compare
  4. 34 Belgium 72,567 million USD compare
  5. 35 Philippines 70,896 million USD compare
  6. 36 Czechia 68,700 million USD compare

See the full ranking of 252 places →

More economy & growth data for Austria

All data for Austria →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Austria?
Value added (total manufacturing) — value us$ in Austria was 81,215 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 Austria?
The highest recorded value was 81,574 million USD in 2021.
What is the lowest value added (total manufacturing) — value us$ recorded in Austria?
The lowest recorded value was 4,399 million USD in 1970.
How does Austria rank for value added (total manufacturing) — value us$?
Austria ranks 33rd out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Austria?
Over the last ten years it is up 11.3%. The long-run trend across the full record is volatile.
Where does this Austria 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.

Download this data

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

About this data

Indicator
Value Added (Total Manufacturing) — 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).