Value Added (Total Manufacturing) — Value US$ in Ethiopia
Ethiopia: Value Added (Total Manufacturing) — Value US$ was 7,156 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Ethiopia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Ethiopia stood at 7,156 million USD. That is the highest value across all 34 years on record.
That represents a change of up 41.8% on the previous year and up 315.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Ethiopia peaked at 7,156 million USD in 2023 and was at its lowest, 291.34 million USD, in 1993.
Ethiopia ranks 100th of 236 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.
Value Added (Total Manufacturing) — Value US$ in Ethiopia, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 518.38 million USD | — |
| 1991 | 411.85 million USD | -20.6% |
| 1992 | 318.51 million USD | -22.7% |
| 1993 | 291.34 million USD | -8.5% |
| 1994 | 305.46 million USD | +4.8% |
| 1995 | 370.7 million USD | +21.4% |
| 1996 | 429.27 million USD | +15.8% |
| 1997 | 435.75 million USD | +1.5% |
| 1998 | 385.85 million USD | -11.4% |
| 1999 | 406.3 million USD | +5.3% |
| 2000 | 447.09 million USD | +10.0% |
| 2001 | 456.15 million USD | +2.0% |
| 2002 | 437.81 million USD | -4.0% |
| 2003 | 480.95 million USD | +9.9% |
| 2004 | 522.03 million USD | +8.5% |
| 2005 | 577.75 million USD | +10.7% |
| 2006 | 680.22 million USD | +17.7% |
| 2007 | 851 million USD | +25.1% |
| 2008 | 1,030 million USD | +21.1% |
| 2009 | 1,072 million USD | +4.1% |
| 2010 | 1,026 million USD | -4.4% |
| 2011 | 1,122 million USD | +9.4% |
| 2012 | 1,444 million USD | +28.6% |
| 2013 | 1,723 million USD | +19.4% |
| 2014 | 2,162 million USD | +25.5% |
| 2015 | 2,778 million USD | +28.5% |
| 2016 | 4,107 million USD | +47.8% |
| 2017 | 4,751 million USD | +15.7% |
| 2018 | 4,674 million USD | -1.6% |
| 2019 | 5,178 million USD | +10.8% |
| 2020 | 5,124 million USD | -1.0% |
| 2021 | 4,572 million USD | -10.8% |
| 2022 | 5,045 million USD | +10.4% |
| 2023 | 7,156 million USD | +41.8% |
Ethiopia compared with similar countries
- Ethiopia's 7,156 million USD is above the median for low income countries, which is 1,207 million USD, 5.9× the median. (23 countries reporting)
- Ethiopia's 7,156 million USD is above the median for Sub-Saharan Africa, which is 1,532 million USD, 4.7× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 387.34 million USD | 291.34 million USD | 518.38 million USD | 10 |
| 2000s | 655.59 million USD | 437.81 million USD | 1,072 million USD | 10 |
| 2010s | 2,897 million USD | 1,026 million USD | 5,178 million USD | 10 |
| 2020s | 5,474 million USD | 4,572 million USD | 7,156 million USD | 4 |
Countries ranked near Ethiopia
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Ethiopia?
- Value added (total manufacturing) — value us$ in Ethiopia was 7,156 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 Ethiopia?
- The highest recorded value was 7,156 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Ethiopia?
- The lowest recorded value was 291.34 million USD in 1993.
- How does Ethiopia rank for value added (total manufacturing) — value us$?
- Ethiopia ranks 100th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Ethiopia?
- Over the last ten years it is up 315.3%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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
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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).