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

Ecuador: Value Added (Total Manufacturing) — Value US$ was 14,792 million USD in 2023. ◆ Volatile

Latest (2023)
14,792 million USD
Change on year
down 2.0%
World rank
69th
of 220 countries
All-time high
15,092 million USD
in 2022
All-time low
663.91 million USD
in 1971
Years of data
54
1970–2023

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

05.0k10.0k15.0k197019962023

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

Analysis

In 2023, value added (total manufacturing) — value us$ in Ecuador stood at 14,792 million USD.

That represents a change of down 2.0% on the previous year and up 24.9% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Ecuador peaked at 15,092 million USD in 2022 and was at its lowest, 663.91 million USD, in 1971.

Ecuador ranks 69th 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 1,500 million USD 663.91 million USD 2,935 million USD 10
1980s 3,449 million USD 2,849 million USD 4,053 million USD 10
1990s 4,873 million USD 3,517 million USD 5,738 million USD 10
2000s 6,134 million USD 4,197 million USD 8,598 million USD 10
2010s 12,640 million USD 9,143 million USD 14,554 million USD 10
2020s 14,105 million USD 12,407 million USD 15,092 million USD 4

Countries ranked near Ecuador

  1. 66 Belarus 16,534 million USD compare
  2. 67 Myanmar 16,002 million USD compare
  3. 68 Sri Lanka 15,117 million USD compare
  4. 70 Ukraine 14,742 million USD compare
  5. 71 Guatemala 14,612 million USD compare
  6. 72 Bulgaria 13,746 million USD compare

See the full ranking of 252 places →

More economy & growth data for Ecuador

All data for Ecuador →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Ecuador?
Value added (total manufacturing) — value us$ in Ecuador was 14,792 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 Ecuador?
The highest recorded value was 15,092 million USD in 2022.
What is the lowest value added (total manufacturing) — value us$ recorded in Ecuador?
The lowest recorded value was 663.91 million USD in 1971.
How does Ecuador rank for value added (total manufacturing) — value us$?
Ecuador ranks 69th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Ecuador?
Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
Where does this Ecuador 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).