Value Added (Total Manufacturing) — Value US$ in Oceania
Oceania: Value Added (Total Manufacturing) — Value US$ was 122,964 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Oceania, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Oceania recorded 122,964 million USD for value added (total manufacturing) — value us$ in 2023.
The figure is up 2.3% on the previous year and up 2.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Oceania peaked at 130,272 million USD in 2011 and was at its lowest, 11,263 million USD, in 1970.
That places Oceania 24th out of 30 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Oceania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 11,263 million USD | — |
| 1971 | 12,555 million USD | +11.5% |
| 1972 | 14,576 million USD | +16.1% |
| 1973 | 19,964 million USD | +37.0% |
| 1974 | 23,710 million USD | +18.8% |
| 1975 | 24,160 million USD | +1.9% |
| 1976 | 25,445 million USD | +5.3% |
| 1977 | 25,270 million USD | -0.7% |
| 1978 | 28,706 million USD | +13.6% |
| 1979 | 32,012 million USD | +11.5% |
| 1980 | 37,015 million USD | +15.6% |
| 1981 | 41,516 million USD | +12.2% |
| 1982 | 38,164 million USD | -8.1% |
| 1983 | 37,770 million USD | -1.0% |
| 1984 | 39,595 million USD | +4.8% |
| 1985 | 34,706 million USD | -12.3% |
| 1986 | 35,804 million USD | +3.2% |
| 1987 | 41,604 million USD | +16.2% |
| 1988 | 50,505 million USD | +21.4% |
| 1989 | 53,650 million USD | +6.2% |
| 1990 | 49,927 million USD | -6.9% |
| 1991 | 50,533 million USD | +1.2% |
| 1992 | 50,744 million USD | +0.4% |
| 1993 | 51,256 million USD | +1.0% |
| 1994 | 58,732 million USD | +14.6% |
| 1995 | 62,480 million USD | +6.4% |
| 1996 | 66,539 million USD | +6.5% |
| 1997 | 67,173 million USD | +1.0% |
| 1998 | 56,734 million USD | -15.5% |
| 1999 | 59,884 million USD | +5.6% |
| 2000 | 54,630 million USD | -8.8% |
| 2001 | 50,507 million USD | -7.5% |
| 2002 | 58,219 million USD | +15.3% |
| 2003 | 74,773 million USD | +28.4% |
| 2004 | 87,052 million USD | +16.4% |
| 2005 | 93,986 million USD | +8.0% |
| 2006 | 93,122 million USD | -0.9% |
| 2007 | 110,741 million USD | +18.9% |
| 2008 | 108,232 million USD | -2.3% |
| 2009 | 96,436 million USD | -10.9% |
| 2010 | 114,340 million USD | +18.6% |
| 2011 | 130,272 million USD | +13.9% |
| 2012 | 126,299 million USD | -3.0% |
| 2013 | 120,267 million USD | -4.8% |
| 2014 | 117,180 million USD | -2.6% |
| 2015 | 97,966 million USD | -16.4% |
| 2016 | 97,062 million USD | -0.9% |
| 2017 | 104,926 million USD | +8.1% |
| 2018 | 104,896 million USD | -0.0% |
| 2019 | 100,359 million USD | -4.3% |
| 2020 | 101,504 million USD | +1.1% |
| 2021 | 118,654 million USD | +16.9% |
| 2022 | 120,209 million USD | +1.3% |
| 2023 | 122,964 million USD | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,766 million USD | 11,263 million USD | 32,012 million USD | 10 |
| 1980s | 41,033 million USD | 34,706 million USD | 53,650 million USD | 10 |
| 1990s | 57,400 million USD | 49,927 million USD | 67,173 million USD | 10 |
| 2000s | 82,770 million USD | 50,507 million USD | 110,741 million USD | 10 |
| 2010s | 111,357 million USD | 97,062 million USD | 130,272 million USD | 10 |
| 2020s | 115,833 million USD | 101,504 million USD | 122,964 million USD | 4 |
Countries ranked near Oceania
- 21 Ireland 162,320 million USD compare
- 22 Switzerland 159,541 million USD compare
- 23 Saudi Arabia 157,876 million USD compare
- 24 Poland 135,621 million USD compare
- 25 Thailand 128,271 million USD compare
- 26 Netherlands (Kingdom of the) 125,146 million USD compare
- 27 Australia and New Zealand 120,315 million USD compare
More economy & growth data for Oceania
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 7.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.38 % change on previous year (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 25.84 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.01 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 462,578 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 538,945 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Oceania?
- Value added (total manufacturing) — value us$ in Oceania was 122,964 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 Oceania?
- The highest recorded value was 130,272 million USD in 2011.
- What is the lowest value added (total manufacturing) — value us$ recorded in Oceania?
- The lowest recorded value was 11,263 million USD in 1970.
- How does Oceania rank for value added (total manufacturing) — value us$?
- Oceania ranks 24th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Oceania?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is volatile.
- Where does this Oceania 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).