Value Added (Total Manufacturing) — Value US$ in Myanmar
Myanmar: Value Added (Total Manufacturing) — Value US$ was 16,002 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Myanmar, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Myanmar recorded 16,002 million USD for value added (total manufacturing) — value us$ in 2023.
That represents a change of down 3.9% on the previous year and up 29.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Myanmar peaked at 25,020 million USD in 2021 and was at its lowest, 232.13 million USD, in 1972.
That places Myanmar 73rd out of 236 countries with data for 2023, putting it 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 Myanmar, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 268.89 million USD | — |
| 1971 | 270.09 million USD | +0.4% |
| 1972 | 232.13 million USD | -14.1% |
| 1973 | 280.28 million USD | +20.7% |
| 1974 | 321.64 million USD | +14.8% |
| 1975 | 330.12 million USD | +2.6% |
| 1976 | 396.02 million USD | +20.0% |
| 1977 | 436.36 million USD | +10.2% |
| 1978 | 466.59 million USD | +6.9% |
| 1979 | 510.65 million USD | +9.4% |
| 1980 | 563.31 million USD | +10.3% |
| 1981 | 555.24 million USD | -1.4% |
| 1982 | 564.27 million USD | +1.6% |
| 1983 | 599.84 million USD | +6.3% |
| 1984 | 635.89 million USD | +6.0% |
| 1985 | 656.18 million USD | +3.2% |
| 1986 | 460.8 million USD | -29.8% |
| 1987 | 381.41 million USD | -17.2% |
| 1988 | 338.21 million USD | -11.3% |
| 1989 | 417.94 million USD | +23.6% |
| 1990 | 403.03 million USD | -3.6% |
| 1991 | 371.87 million USD | -7.7% |
| 1992 | 413.34 million USD | +11.2% |
| 1993 | 442.49 million USD | +7.1% |
| 1994 | 443.85 million USD | +0.3% |
| 1995 | 533.94 million USD | +20.3% |
| 1996 | 601.44 million USD | +12.6% |
| 1997 | 642.24 million USD | +6.8% |
| 1998 | 415.14 million USD | -35.4% |
| 1999 | 430.04 million USD | +3.6% |
| 2000 | 521.26 million USD | +21.2% |
| 2001 | 597.63 million USD | +14.7% |
| 2002 | 951.6 million USD | +59.2% |
| 2003 | 972.58 million USD | +2.2% |
| 2004 | 1,188 million USD | +22.1% |
| 2005 | 1,527 million USD | +28.6% |
| 2006 | 1,938 million USD | +26.9% |
| 2007 | 2,714 million USD | +40.0% |
| 2008 | 4,351 million USD | +60.3% |
| 2009 | 5,954 million USD | +36.9% |
| 2010 | 8,232 million USD | +38.3% |
| 2011 | 11,416 million USD | +38.7% |
| 2012 | 12,259 million USD | +7.4% |
| 2013 | 12,376 million USD | +1.0% |
| 2014 | 13,214 million USD | +6.8% |
| 2015 | 13,014 million USD | -1.5% |
| 2016 | 14,104 million USD | +8.4% |
| 2017 | 15,250 million USD | +8.1% |
| 2018 | 16,974 million USD | +11.3% |
| 2019 | 18,068 million USD | +6.4% |
| 2020 | 20,454 million USD | +13.2% |
| 2021 | 25,020 million USD | +22.3% |
| 2022 | 16,655 million USD | -33.4% |
| 2023 | 16,002 million USD | -3.9% |
Myanmar compared with similar countries
- Myanmar's 16,002 million USD is above the median for lower middle income countries, which is 2,374 million USD, 6.7× the median. (44 countries reporting)
- Myanmar's 16,002 million USD is above the median for East Asia & Pacific, which is 1,166 million USD, 13.7× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 351.28 million USD | 232.13 million USD | 510.65 million USD | 10 |
| 1980s | 517.31 million USD | 338.21 million USD | 656.18 million USD | 10 |
| 1990s | 469.74 million USD | 371.87 million USD | 642.24 million USD | 10 |
| 2000s | 2,072 million USD | 521.26 million USD | 5,954 million USD | 10 |
| 2010s | 13,491 million USD | 8,232 million USD | 18,068 million USD | 10 |
| 2020s | 19,533 million USD | 16,002 million USD | 25,020 million USD | 4 |
Countries ranked near Myanmar
More economy & growth data for Myanmar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.01 Percent per annum (2029)
- 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$), gaps filled 1.10 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 20.1 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Myanmar?
- Value added (total manufacturing) — value us$ in Myanmar was 16,002 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 Myanmar?
- The highest recorded value was 25,020 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$ recorded in Myanmar?
- The lowest recorded value was 232.13 million USD in 1972.
- How does Myanmar rank for value added (total manufacturing) — value us$?
- Myanmar ranks 73rd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Myanmar?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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).