Value Added (Total Manufacturing) β€” Value US$ in Southern Europe

Southern Europe: Value Added (Total Manufacturing) β€” Value US$ was 630,586 million USD in 2023. β–² Rising

Latest (2023)
630,586 million USD
Change on year
up 10.2%
Rank
13th
of 32 groups
All-time high
675,645 million USD
in 2008
All-time low
44,778 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) β€” Value US$ in Southern Europe, 1970–2023

0200.0k400.0k600.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) β€” 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) β€” 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 32 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 United Kingdom of Great Britain and Northern Ireland 279,780 million USD compare
  2. 11 Russian Federation 259,894 million USD compare
  3. 12 Indonesia 255,962 million USD compare
  4. 13 USSR 224,996 million USD compare
  5. 14 TΓΌrkiye 218,581 million USD compare
  6. 15 Canada 197,432 million USD compare
  7. 16 Spain 176,454 million USD compare

See the full ranking of 252 places β†’

More economy & growth data for Southern Europe

All data for Southern Europe β†’

Frequently asked questions

What is value added (total manufacturing) β€” value us$ in Southern Europe?
Value added (total manufacturing) β€” 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) β€” 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) β€” 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) β€” value us$?
Southern Europe ranks 13th out of 32 groups with data for 2023.
Is value added (total manufacturing) β€” value us$ 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) β€” Value US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) β€” Value US$ in Southern Europe. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 August 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us/southern-europe/

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About this data

Indicator
Value Added (Total Manufacturing) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).