Value Added (Total Manufacturing) β Value US$ in Western Europe
Western Europe: Value Added (Total Manufacturing) β Value US$ was 1.58 million million USD in 2023. β Volatile
Value Added (Total Manufacturing) β Value US$ in Western Europe, 1970β2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) β value us$ in Western Europe is 1.58 million million USD, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 9.7% on the previous year and up 13.1% over ten years.
Over the whole period, value added (total manufacturing) β value us$ in Western Europe peaked at 1.58 million million USD in 2023 and was at its lowest, 124,240 million USD, in 1970.
Western Europe ranks 9th of 32 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 261,391 million USD | 124,240 million USD | 456,119 million USD | 10 |
| 1980s | 486,716 million USD | 352,583 million USD | 677,970 million USD | 10 |
| 1990s | 877,363 million USD | 819,010 million USD | 992,527 million USD | 10 |
| 2000s | 1.07 million million USD | 773,147 million USD | 1.45 million million USD | 10 |
| 2010s | 1.37 million million USD | 1.27 million million USD | 1.46 million million USD | 10 |
| 2020s | 1.47 million million USD | 1.35 million million USD | 1.58 million million USD | 4 |
Countries ranked near Western Europe
- 6 Mexico 365,491 million USD compare
- 7 Italy 353,622 million USD compare
- 8 France 296,997 million USD compare
- 9 Brazil 290,394 million USD compare
- 10 United Kingdom of Great Britain and Northern Ireland 279,780 million USD compare
- 11 Russian Federation 259,894 million USD compare
- 12 Indonesia 255,962 million USD compare
More economy & growth data for Western Europe
- Gross Fixed Capital Formation Deflator β Value US$, 2015 prices 127.32 USD (2024)
- Gross Fixed Capital Formation β Value US$ 2.48 million million USD (2024)
- Gross Domestic Product β Annual growth US$ per capita, 2015 prices 0.3119 % (2024)
- Gross Fixed Capital Formation β Value US$, 2015 prices 1.94 million million USD (2024)
- Gross Domestic Product β Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Domestic Product β Annual growth US$ per capita 3.47 % (2024)
- Gross Domestic Product β Annual growth US$ 3.64 % (2024)
- Gross Domestic Product β Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product β Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Fixed Capital Formation β Annual growth US$ 0.7042 % (2024)
Frequently asked questions
- What is value added (total manufacturing) β value us$ in Western Europe?
- Value added (total manufacturing) β value us$ in Western Europe was 1.58 million 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 Western Europe?
- The highest recorded value was 1.58 million million USD in 2023.
- What is the lowest value added (total manufacturing) β value us$ recorded in Western Europe?
- The lowest recorded value was 124,240 million USD in 1970.
- How does Western Europe rank for value added (total manufacturing) β value us$?
- Western Europe ranks 9th out of 32 groups with data for 2023.
- Is value added (total manufacturing) β value us$ rising or falling in Western Europe?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is volatile.
- Where does this Western 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.
Download this data
CSV Β· JSON β 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).