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

Italy: Value Added (Total Manufacturing) — Value US$ was 353,622 million USD in 2023. ▲ Rising

Latest (2023)
353,622 million USD
Change on year
up 9.7%
World rank
7th
of 220 countries
All-time high
374,243 million USD
in 2008
All-time low
27,162 million USD
in 1970
Years of data
54
1970–2023

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

0100.0k200.0k300.0k400.0k197019962023

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

Analysis

The most recent figure for value added (total manufacturing) — value us$ in Italy is 353,622 million USD, measured in 2023.

That represents a change of up 9.7% on the previous year and up 19.4% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Italy peaked at 374,243 million USD in 2008 and was at its lowest, 27,162 million USD, in 1970.

That places Italy 7th out of 220 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 54 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 55,284 million USD 27,162 million USD 102,169 million USD 10
1980s 134,068 million USD 99,373 million USD 199,201 million USD 10
1990s 229,124 million USD 196,370 million USD 247,759 million USD 10
2000s 278,879 million USD 201,556 million USD 374,243 million USD 10
2010s 296,013 million USD 263,201 million USD 326,019 million USD 10
2020s 321,718 million USD 276,151 million USD 353,622 million USD 4

Countries ranked near Italy

  1. 4 Republic of Korea 470,928 million USD compare
  2. 5 India 462,443 million USD compare
  3. 6 Mexico 365,491 million USD compare
  4. 8 France 296,997 million USD compare
  5. 9 Brazil 290,394 million USD compare
  6. 10 United Kingdom of Great Britain and Northern Ireland 279,780 million USD compare

See the full ranking of 252 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Italy?
Value added (total manufacturing) — value us$ in Italy was 353,622 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 Italy?
The highest recorded value was 374,243 million USD in 2008.
What is the lowest value added (total manufacturing) — value us$ recorded in Italy?
The lowest recorded value was 27,162 million USD in 1970.
How does Italy rank for value added (total manufacturing) — value us$?
Italy ranks 7th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Italy?
Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
Where does this Italy 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).