Value Added (Total Manufacturing) — Value US$ in Portugal
Portugal: Value Added (Total Manufacturing) — Value US$ was 34,317 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Portugal, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Portugal recorded 34,317 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 30.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Portugal peaked at 34,317 million USD in 2023 and was at its lowest, 1,411 million USD, in 1970.
That places Portugal 55th out of 236 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Portugal, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,411 million USD | — |
| 1971 | 1,592 million USD | +12.9% |
| 1972 | 2,002 million USD | +25.7% |
| 1973 | 2,743 million USD | +37.0% |
| 1974 | 3,387 million USD | +23.5% |
| 1975 | 3,432 million USD | +1.3% |
| 1976 | 3,607 million USD | +5.1% |
| 1977 | 3,415 million USD | -5.3% |
| 1978 | 3,837 million USD | +12.3% |
| 1979 | 4,631 million USD | +20.7% |
| 1980 | 5,810 million USD | +25.4% |
| 1981 | 5,530 million USD | -4.8% |
| 1982 | 5,095 million USD | -7.9% |
| 1983 | 4,632 million USD | -9.1% |
| 1984 | 4,561 million USD | -1.5% |
| 1985 | 4,904 million USD | +7.5% |
| 1986 | 6,676 million USD | +36.1% |
| 1987 | 7,904 million USD | +18.4% |
| 1988 | 9,599 million USD | +21.5% |
| 1989 | 10,660 million USD | +11.0% |
| 1990 | 13,389 million USD | +25.6% |
| 1991 | 14,277 million USD | +6.6% |
| 1992 | 17,002 million USD | +19.1% |
| 1993 | 14,500 million USD | -14.7% |
| 1994 | 15,688 million USD | +8.2% |
| 1995 | 18,827 million USD | +20.0% |
| 1996 | 20,328 million USD | +8.0% |
| 1997 | 19,343 million USD | -4.8% |
| 1998 | 19,830 million USD | +2.5% |
| 1999 | 19,924 million USD | +0.5% |
| 2000 | 17,849 million USD | -10.4% |
| 2001 | 17,849 million USD | -0.0% |
| 2002 | 19,134 million USD | +7.2% |
| 2003 | 22,266 million USD | +16.4% |
| 2004 | 24,720 million USD | +11.0% |
| 2005 | 24,788 million USD | +0.3% |
| 2006 | 25,767 million USD | +3.9% |
| 2007 | 29,446 million USD | +14.3% |
| 2008 | 31,351 million USD | +6.5% |
| 2009 | 27,239 million USD | -13.1% |
| 2010 | 27,624 million USD | +1.4% |
| 2011 | 27,804 million USD | +0.7% |
| 2012 | 24,632 million USD | -11.4% |
| 2013 | 26,216 million USD | +6.4% |
| 2014 | 27,245 million USD | +3.9% |
| 2015 | 24,385 million USD | -10.5% |
| 2016 | 25,259 million USD | +3.6% |
| 2017 | 27,455 million USD | +8.7% |
| 2018 | 29,831 million USD | +8.7% |
| 2019 | 28,664 million USD | -3.9% |
| 2020 | 27,761 million USD | -3.2% |
| 2021 | 31,861 million USD | +14.8% |
| 2022 | 32,015 million USD | +0.5% |
| 2023 | 34,317 million USD | +7.2% |
Portugal compared with similar countries
- Portugal's 34,317 million USD is above the median for high income countries, which is 11,780 million USD, 2.9× the median. (73 countries reporting)
- Portugal's 34,317 million USD is above the median for Europe & Central Asia, which is 15,638 million USD, 2.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,006 million USD | 1,411 million USD | 4,631 million USD | 10 |
| 1980s | 6,537 million USD | 4,561 million USD | 10,660 million USD | 10 |
| 1990s | 17,311 million USD | 13,389 million USD | 20,328 million USD | 10 |
| 2000s | 24,041 million USD | 17,849 million USD | 31,351 million USD | 10 |
| 2010s | 26,911 million USD | 24,385 million USD | 29,831 million USD | 10 |
| 2020s | 31,488 million USD | 27,761 million USD | 34,317 million USD | 4 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Portugal?
- Value added (total manufacturing) — value us$ in Portugal was 34,317 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 Portugal?
- The highest recorded value was 34,317 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Portugal?
- The lowest recorded value was 1,411 million USD in 1970.
- How does Portugal rank for value added (total manufacturing) — value us$?
- Portugal ranks 55th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Portugal?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is volatile.
- Where does this Portugal 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).