Value Added (Total Manufacturing) — Value US$ in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$ was 206,836 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Least Developed Countries (LDCs), 1970–2023
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 Least Developed Countries (LDCs) is 206,836 million USD, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 97.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Least Developed Countries (LDCs) peaked at 206,836 million USD in 2023 and was at its lowest, 4,974 million USD, in 1970.
Least Developed Countries (LDCs) ranks 20th of 32 groups 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,724 million USD | 4,974 million USD | 14,167 million USD | 10 |
| 1980s | 15,322 million USD | 13,772 million USD | 17,363 million USD | 10 |
| 1990s | 18,396 million USD | 15,563 million USD | 20,508 million USD | 10 |
| 2000s | 39,505 million USD | 20,977 million USD | 69,679 million USD | 10 |
| 2010s | 121,151 million USD | 78,263 million USD | 167,151 million USD | 10 |
| 2020s | 193,315 million USD | 169,999 million USD | 206,836 million USD | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 17 Ireland 162,320 million USD compare
- 18 Switzerland 159,541 million USD compare
- 19 Saudi Arabia 157,876 million USD compare
- 20 Poland 135,621 million USD compare
- 21 Thailand 128,271 million USD compare
- 22 Netherlands (Kingdom of the) 125,146 million USD compare
- 23 Australia and New Zealand 120,315 million USD compare
More economy & growth data for Least Developed Countries (LDCs)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.8908 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.54 % (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.41 million million USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Least Developed Countries (LDCs)?
- Value added (total manufacturing) — value us$ in Least Developed Countries (LDCs) was 206,836 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 Least Developed Countries (LDCs)?
- The highest recorded value was 206,836 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 4,974 million USD in 1970.
- How does Least Developed Countries (LDCs) rank for value added (total manufacturing) — value us$?
- Least Developed Countries (LDCs) ranks 20th out of 32 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 97.9%. The long-run trend across the full record is volatile.
- Where does this Least Developed Countries (LDCs) 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).