Value Added (Total Manufacturing) — Value US$ in Southern Europe
Southern Europe: Value Added (Total Manufacturing) — Value US$ was 630,586 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Southern Europe, 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 Southern Europe stood at 630,586 million USD.
Compared with earlier readings it is up 10.2% on the previous year and up 21.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Southern Europe peaked at 675,645 million USD in 2008 and was at its lowest, 44,778 million USD, in 1970.
Southern Europe ranks 13th of 30 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$ in Southern Europe, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 44,778 million USD | — |
| 1971 | 49,025 million USD | +9.5% |
| 1972 | 57,815 million USD | +17.9% |
| 1973 | 74,824 million USD | +29.4% |
| 1974 | 92,645 million USD | +23.8% |
| 1975 | 102,151 million USD | +10.3% |
| 1976 | 107,908 million USD | +5.6% |
| 1977 | 121,176 million USD | +12.3% |
| 1978 | 143,624 million USD | +18.5% |
| 1979 | 182,762 million USD | +27.3% |
| 1980 | 211,118 million USD | +15.5% |
| 1981 | 187,397 million USD | -11.2% |
| 1982 | 177,423 million USD | -5.3% |
| 1983 | 169,462 million USD | -4.5% |
| 1984 | 170,173 million USD | +0.4% |
| 1985 | 177,896 million USD | +4.5% |
| 1986 | 236,225 million USD | +32.8% |
| 1987 | 287,475 million USD | +21.7% |
| 1988 | 319,799 million USD | +11.2% |
| 1989 | 340,341 million USD | +6.4% |
| 1990 | 385,801 million USD | +13.4% |
| 1991 | 388,282 million USD | +0.6% |
| 1992 | 400,060 million USD | +3.0% |
| 1993 | 324,075 million USD | -19.0% |
| 1994 | 335,079 million USD | +3.4% |
| 1995 | 376,047 million USD | +12.2% |
| 1996 | 404,557 million USD | +7.6% |
| 1997 | 378,865 million USD | -6.4% |
| 1998 | 387,588 million USD | +2.3% |
| 1999 | 377,262 million USD | -2.7% |
| 2000 | 344,121 million USD | -8.8% |
| 2001 | 346,611 million USD | +0.7% |
| 2002 | 373,717 million USD | +7.8% |
| 2003 | 449,408 million USD | +20.3% |
| 2004 | 507,810 million USD | +13.0% |
| 2005 | 516,871 million USD | +1.8% |
| 2006 | 546,048 million USD | +5.6% |
| 2007 | 630,120 million USD | +15.4% |
| 2008 | 675,645 million USD | +7.2% |
| 2009 | 554,951 million USD | -17.9% |
| 2010 | 542,667 million USD | -2.2% |
| 2011 | 575,848 million USD | +6.1% |
| 2012 | 505,904 million USD | -12.1% |
| 2013 | 519,847 million USD | +2.8% |
| 2014 | 528,938 million USD | +1.7% |
| 2015 | 463,366 million USD | -12.4% |
| 2016 | 481,966 million USD | +4.0% |
| 2017 | 513,374 million USD | +6.5% |
| 2018 | 549,773 million USD | +7.1% |
| 2019 | 527,740 million USD | -4.0% |
| 2020 | 493,156 million USD | -6.6% |
| 2021 | 588,382 million USD | +19.3% |
| 2022 | 572,295 million USD | -2.7% |
| 2023 | 630,586 million USD | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 97,671 million USD | 44,778 million USD | 182,762 million USD | 10 |
| 1980s | 227,731 million USD | 169,462 million USD | 340,341 million USD | 10 |
| 1990s | 375,762 million USD | 324,075 million USD | 404,557 million USD | 10 |
| 2000s | 494,530 million USD | 344,121 million USD | 675,645 million USD | 10 |
| 2010s | 520,942 million USD | 463,366 million USD | 575,848 million USD | 10 |
| 2020s | 571,105 million USD | 493,156 million USD | 630,586 million USD | 4 |
Countries ranked near Southern Europe
- 10 Brazil 290,394 million USD compare
- 11 United Kingdom of Great Britain and Northern Ireland 279,780 million USD compare
- 11 United Kingdom 279,780 million USD compare
- 13 Russian Federation 259,894 million USD compare
- 13 Russia 259,894 million USD compare
- 15 Indonesia 255,962 million USD compare
- 16 USSR 224,996 million USD compare
More economy & growth data for Southern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 7.33 million (2027)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 1.86 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$ 1.05 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.17 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Southern Europe?
- Value added (total manufacturing) — value us$ in Southern Europe was 630,586 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 Southern Europe?
- The highest recorded value was 675,645 million USD in 2008.
- What is the lowest value added (total manufacturing) — value us$ recorded in Southern Europe?
- The lowest recorded value was 44,778 million USD in 1970.
- How does Southern Europe rank for value added (total manufacturing) — value us$?
- Southern Europe ranks 13th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Southern Europe?
- Over the last ten years it is up 21.3%. The long-run trend across the full record is rising.
- Where does this Southern Europe 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
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).