Manufacturing, value added in OECD members
OECD members: Manufacturing, value added was -1.0% in 2024. ◆ Volatile
Manufacturing, value added in OECD members, 1998–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, manufacturing, value added in OECD members stood at -1.0%.
Compared with earlier readings it is down 21.9% on the previous year and down 129.8% over ten years.
Over the whole period, manufacturing, value added in OECD members peaked at 10.3% in 2010 and was at its lowest, -12.8%, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.1% | 2.4% | 2 |
| 2000s | 1.1% | -12.8% | 6.5% | 10 |
| 2010s | 2.9% | 0.1% | 10.3% | 10 |
| 2020s | 1.1% | -5.3% | 9.1% | 5 |
More economy & growth data for OECD members
- Final consumption expenditure 52.86 trillion current US$ (2024)
- Households and NPISHs Final consumption expenditure per capita growth 1.3% (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Households and NPISHs final consumption expenditure 60.1% (2024)
- Final consumption expenditure 2.2% (2024)
- Gross national expenditure 56.77 trillion constant 2015 US$ (2024)
- Gross national expenditure 68.20 trillion current US$ (2024)
- Households and NPISHs Final consumption expenditure per capita 24,690 constant 2015 US$ (2024)
- Final consumption expenditure 44.42 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is manufacturing, value added in OECD members?
- Manufacturing, value added in OECD members was -1.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in OECD members?
- The highest recorded value was 10.3% in 2010.
- What is the lowest manufacturing, value added recorded in OECD members?
- The lowest recorded value was -12.8% in 2009.
- Is manufacturing, value added rising or falling in OECD members?
- Over the last ten years it is down 129.8%. The long-run trend across the full record is volatile.
- Where does this OECD members data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.