Value Added (Total Manufacturing) — Value US$ in Western Africa
Western Africa: Value Added (Total Manufacturing) — Value US$ was 96,698 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Western Africa, 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 Western Africa stood at 96,698 million USD.
Compared with earlier readings it is down 3.8% on the previous year and up 38.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Western Africa peaked at 100,537 million USD in 2022 and was at its lowest, 6,433 million USD, in 1970.
That places Western Africa 26th 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 Western Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 6,433 million USD | — |
| 1971 | 6,908 million USD | +7.4% |
| 1972 | 8,320 million USD | +20.4% |
| 1973 | 10,237 million USD | +23.0% |
| 1974 | 13,580 million USD | +32.6% |
| 1975 | 21,987 million USD | +61.9% |
| 1976 | 27,654 million USD | +25.8% |
| 1977 | 29,439 million USD | +6.5% |
| 1978 | 33,431 million USD | +13.6% |
| 1979 | 40,075 million USD | +19.9% |
| 1980 | 50,206 million USD | +25.3% |
| 1981 | 49,692 million USD | -1.0% |
| 1982 | 48,590 million USD | -2.2% |
| 1983 | 49,636 million USD | +2.2% |
| 1984 | 42,358 million USD | -14.7% |
| 1985 | 49,576 million USD | +17.0% |
| 1986 | 30,564 million USD | -38.3% |
| 1987 | 18,980 million USD | -37.9% |
| 1988 | 22,749 million USD | +19.9% |
| 1989 | 18,708 million USD | -17.8% |
| 1990 | 20,529 million USD | +9.7% |
| 1991 | 21,009 million USD | +2.3% |
| 1992 | 18,997 million USD | -9.6% |
| 1993 | 19,531 million USD | +2.8% |
| 1994 | 17,670 million USD | -9.5% |
| 1995 | 19,060 million USD | +7.9% |
| 1996 | 19,530 million USD | +2.5% |
| 1997 | 20,454 million USD | +4.7% |
| 1998 | 20,215 million USD | -1.2% |
| 1999 | 20,037 million USD | -0.9% |
| 2000 | 17,976 million USD | -10.3% |
| 2001 | 18,595 million USD | +3.4% |
| 2002 | 20,568 million USD | +10.6% |
| 2003 | 24,268 million USD | +18.0% |
| 2004 | 27,883 million USD | +14.9% |
| 2005 | 32,091 million USD | +15.1% |
| 2006 | 36,895 million USD | +15.0% |
| 2007 | 41,337 million USD | +12.0% |
| 2008 | 47,260 million USD | +14.3% |
| 2009 | 41,705 million USD | -11.8% |
| 2010 | 42,534 million USD | +2.0% |
| 2011 | 50,821 million USD | +19.5% |
| 2012 | 56,852 million USD | +11.9% |
| 2013 | 69,672 million USD | +22.5% |
| 2014 | 78,975 million USD | +13.4% |
| 2015 | 68,256 million USD | -13.6% |
| 2016 | 58,381 million USD | -14.5% |
| 2017 | 56,886 million USD | -2.6% |
| 2018 | 67,799 million USD | +19.2% |
| 2019 | 83,173 million USD | +22.7% |
| 2020 | 84,391 million USD | +1.5% |
| 2021 | 99,142 million USD | +17.5% |
| 2022 | 100,537 million USD | +1.4% |
| 2023 | 96,698 million USD | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19,806 million USD | 6,433 million USD | 40,075 million USD | 10 |
| 1980s | 38,106 million USD | 18,708 million USD | 50,206 million USD | 10 |
| 1990s | 19,703 million USD | 17,670 million USD | 21,009 million USD | 10 |
| 2000s | 30,858 million USD | 17,976 million USD | 47,260 million USD | 10 |
| 2010s | 63,335 million USD | 42,534 million USD | 83,173 million USD | 10 |
| 2020s | 95,192 million USD | 84,391 million USD | 100,537 million USD | 4 |
Countries ranked near Western Africa
- 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
- 28 Argentina 105,423 million USD compare
- 29 Caribbean 103,679 million USD compare
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -35.22 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -26.52 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -23.38 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.28 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -31.89 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.14 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Western Africa?
- Value added (total manufacturing) — value us$ in Western Africa was 96,698 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 Western Africa?
- The highest recorded value was 100,537 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Western Africa?
- The lowest recorded value was 6,433 million USD in 1970.
- How does Western Africa rank for value added (total manufacturing) — value us$?
- Western Africa ranks 26th out of 30 groups with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Western Africa?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is volatile.
- Where does this Western Africa 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).