Value Added (Total Manufacturing) — Value US$ in Mexico
Mexico: Value Added (Total Manufacturing) — Value US$ was 365,491 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Mexico, 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 Mexico stood at 365,491 million USD. That is the highest value across all 54 years on record.
The figure is up 15.6% on the previous year and up 50.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Mexico peaked at 365,491 million USD in 2023 and was at its lowest, 11,373 million USD, in 1970.
That places Mexico 7th out of 236 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Mexico, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 11,373 million USD | — |
| 1971 | 12,758 million USD | +12.2% |
| 1972 | 14,560 million USD | +14.1% |
| 1973 | 17,738 million USD | +21.8% |
| 1974 | 23,340 million USD | +31.6% |
| 1975 | 27,774 million USD | +19.0% |
| 1976 | 27,732 million USD | -0.2% |
| 1977 | 26,454 million USD | -4.6% |
| 1978 | 32,754 million USD | +23.8% |
| 1979 | 42,387 million USD | +29.4% |
| 1980 | 58,026 million USD | +36.9% |
| 1981 | 72,829 million USD | +25.5% |
| 1982 | 48,500 million USD | -33.4% |
| 1983 | 42,282 million USD | -12.8% |
| 1984 | 53,088 million USD | +25.6% |
| 1985 | 58,023 million USD | +9.3% |
| 1986 | 42,763 million USD | -26.3% |
| 1987 | 48,357 million USD | +13.1% |
| 1988 | 62,368 million USD | +29.0% |
| 1989 | 69,582 million USD | +11.6% |
| 1990 | 77,679 million USD | +11.6% |
| 1991 | 92,005 million USD | +18.4% |
| 1992 | 104,611 million USD | +13.7% |
| 1993 | 109,685 million USD | +4.9% |
| 1994 | 109,864 million USD | +0.2% |
| 1995 | 81,140 million USD | -26.1% |
| 1996 | 96,685 million USD | +19.2% |
| 1997 | 118,141 million USD | +22.2% |
| 1998 | 125,021 million USD | +5.8% |
| 1999 | 135,554 million USD | +8.4% |
| 2000 | 157,714 million USD | +16.3% |
| 2001 | 161,090 million USD | +2.1% |
| 2002 | 157,565 million USD | -2.2% |
| 2003 | 145,602 million USD | -7.6% |
| 2004 | 155,887 million USD | +7.1% |
| 2005 | 167,480 million USD | +7.4% |
| 2006 | 195,553 million USD | +16.8% |
| 2007 | 203,180 million USD | +3.9% |
| 2008 | 213,043 million USD | +4.9% |
| 2009 | 166,040 million USD | -22.1% |
| 2010 | 198,911 million USD | +19.8% |
| 2011 | 219,663 million USD | +10.4% |
| 2012 | 237,833 million USD | +8.3% |
| 2013 | 242,389 million USD | +1.9% |
| 2014 | 250,700 million USD | +3.4% |
| 2015 | 242,449 million USD | -3.3% |
| 2016 | 222,559 million USD | -8.2% |
| 2017 | 241,573 million USD | +8.5% |
| 2018 | 255,168 million USD | +5.6% |
| 2019 | 260,916 million USD | +2.3% |
| 2020 | 227,504 million USD | -12.8% |
| 2021 | 275,775 million USD | +21.2% |
| 2022 | 316,294 million USD | +14.7% |
| 2023 | 365,491 million USD | +15.6% |
Mexico compared with similar countries
- Mexico's 365,491 million USD is above the median for upper middle income countries, which is 4,472 million USD, 81.7× the median. (54 countries reporting)
- Mexico's 365,491 million USD is above the median for Latin America & Caribbean, which is 3,043 million USD, 120.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23,687 million USD | 11,373 million USD | 42,387 million USD | 10 |
| 1980s | 55,582 million USD | 42,282 million USD | 72,829 million USD | 10 |
| 1990s | 105,038 million USD | 77,679 million USD | 135,554 million USD | 10 |
| 2000s | 172,315 million USD | 145,602 million USD | 213,043 million USD | 10 |
| 2010s | 237,216 million USD | 198,911 million USD | 260,916 million USD | 10 |
| 2020s | 296,266 million USD | 227,504 million USD | 365,491 million USD | 4 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Mexico?
- Value added (total manufacturing) — value us$ in Mexico was 365,491 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 Mexico?
- The highest recorded value was 365,491 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Mexico?
- The lowest recorded value was 11,373 million USD in 1970.
- How does Mexico rank for value added (total manufacturing) — value us$?
- Mexico ranks 7th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Mexico?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is volatile.
- Where does this Mexico 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).