Value Added (Total Manufacturing) — Value US$ in Eastern Europe
Eastern Europe: Value Added (Total Manufacturing) — Value US$ was 619,302 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Eastern Europe, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Eastern Europe stood at 619,302 million USD. That is the highest value across all 54 years on record.
That represents a change of up 2.7% on the previous year and up 22.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Eastern Europe peaked at 619,302 million USD in 2023 and was at its lowest, 116,353 million USD, in 1999.
That places Eastern Europe 14th out of 32 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 384,099 million USD | 265,780 million USD | 496,798 million USD | 10 |
| 1980s | 373,699 million USD | 312,429 million USD | 430,114 million USD | 10 |
| 1990s | 181,846 million USD | 116,353 million USD | 286,903 million USD | 10 |
| 2000s | 278,871 million USD | 124,641 million USD | 540,395 million USD | 10 |
| 2010s | 472,288 million USD | 391,121 million USD | 509,120 million USD | 10 |
| 2020s | 563,757 million USD | 475,899 million USD | 619,302 million USD | 4 |
Countries ranked near Eastern Europe
More economy & growth data for Eastern Europe
- GDP Deflator — Value US$, 2015 prices 139.93 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.97 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.38 % (2024)
- Gross Domestic Product — Value US$ 4.49 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 15,743 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 11,251 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.21 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.16 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 130.82 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.57 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Eastern Europe?
- Value added (total manufacturing) — value us$ in Eastern Europe was 619,302 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 Eastern Europe?
- The highest recorded value was 619,302 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Eastern Europe?
- The lowest recorded value was 116,353 million USD in 1999.
- How does Eastern Europe rank for value added (total manufacturing) — value us$?
- Eastern Europe ranks 14th out of 32 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Eastern Europe?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
- Where does this Eastern Europe 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).