Manufacturing, value added in OECD members
OECD members: Manufacturing, value added was 7.62 trillion current US$ in 2022. ▲ Rising
Manufacturing, value added in OECD members, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in OECD members is 7.62 trillion current US$, measured in 2022.
The figure is down 3.8% on the previous year and up 10.9% over ten years.
Over the whole period, manufacturing, value added in OECD members peaked at 7.92 trillion current US$ in 2021 and was at its lowest, 4.49 trillion current US$, in 2001.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.65 trillion current US$ | 4.57 trillion current US$ | 4.72 trillion current US$ | 3 |
| 2000s | 5.54 trillion current US$ | 4.49 trillion current US$ | 6.75 trillion current US$ | 10 |
| 2010s | 6.94 trillion current US$ | 6.46 trillion current US$ | 7.47 trillion current US$ | 10 |
| 2020s | 7.53 trillion current US$ | 7.05 trillion current US$ | 7.92 trillion current US$ | 3 |
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)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (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 7.62 trillion current US$ in 2022, 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 7.92 trillion current US$ in 2021.
- What is the lowest manufacturing, value added recorded in OECD members?
- The lowest recorded value was 4.49 trillion current US$ in 2001.
- Is manufacturing, value added rising or falling in OECD members?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.