Industry value added — all countries

Industry value added — Melanesia

Industry value added in Melanesia in 2024 — 12,736,621,066 US$. Since 1979, the indicator has risen by 1,355.3%.

2024 12.74B US$ +1.35% vs 2023
World rank
Period maximum 14.02B US$2022
Period minimum 790M US$1982

Trend over time

1979–2024 · US$

Industry value added — Melanesia, 1979–202405B10B15B19791984198919941999200420092014201920241979: 875,194,389 US$1980: 933,268,191 US$1981: 824,012,363 US$1982: 790,257,424 US$1983: 924,379,639 US$1984: 811,900,796 US$1985: 846,448,711 US$1986: 998,509,861 US$1987: 1,240,277,748 US$1988: 1,486,019,372 US$1989: 1,319,210,241 US$1990: 1,873,016,561 US$1991: 2,264,058,857 US$1992: 2,701,603,922 US$1993: 2,891,513,242 US$1994: 2,799,080,805 US$1995: 2,658,642,101 US$1996: 2,952,348,942 US$1997: 2,586,164,572 US$1998: 2,251,995,884 US$1999: 2,399,754,170 US$2000: 2,569,043,357 US$2001: 2,230,644,928 US$2002: 2,239,806,558 US$2003: 2,889,746,524 US$2004: 3,528,042,623 US$2005: 2,097,242,468 US$2006: 5,493,233,284 US$2007: 6,739,406,286 US$2008: 6,883,376,163 US$2009: 6,066,099,538 US$2010: 7,912,571,134 US$2011: 9,188,972,184 US$2012: 9,011,398,152 US$2013: 8,904,370,342 US$2014: 11,187,606,423 US$2015: 10,513,004,455 US$2016: 10,092,158,675 US$2017: 11,434,016,147 US$2018: 10,173,702,948 US$2019: 12,522,130,403 US$2020: 9,056,328,043 US$2021: 10,036,936,147 US$2022: 14,015,418,927 US$2023: 12,566,373,917 US$2024: 12,736,621,066 US$
Change over the period: +11.86B (+1,355.29%) Average annual rate: 6.13 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Melanesia

Melanesia 12.74B US$
World 28.4T US$
Industry value added — Melanesia, by year Melanesia All countries CSV XLSX
Year US$ Change Change, %
2024 12.74B +170M +1.35%
2023 12.57B −1.45B −10.34%
2022 14.02B +3.98B +39.64%
2021 10.04B +981M +10.83%
2020 9.06B −3.47B −27.68%
2019 12.52B +2.35B +23.08%
2018 10.17B −1.26B −11.02%
2017 11.43B +1.34B +13.3%
2016 10.09B −421M −4%
2015 10.51B −675M −6.03%
2014 11.19B +2.28B +25.64%
2013 8.9B −107M −1.19%
2012 9.01B −178M −1.93%
2011 9.19B +1.28B +16.13%
2010 7.91B +1.85B +30.44%
2009 6.07B −817M −11.87%
2008 6.88B +144M +2.14%
2007 6.74B +1.25B +22.69%
2006 5.49B +3.4B +161.93%
2005 2.1B −1.43B −40.56%
2004 3.53B +638M +22.09%
2003 2.89B +650M +29.02%
2002 2.24B +9.16M +0.41%
2001 2.23B −338M −13.17%
2000 2.57B +169M +7.05%
1999 2.4B +148M +6.56%
1998 2.25B −334M −12.92%
1997 2.59B −366M −12.4%
1996 2.95B +294M +11.05%
1995 2.66B −140M −5.02%
1994 2.8B −92.43M −3.2%
1993 2.89B +190M +7.03%
1992 2.7B +438M +19.33%
1991 2.26B +391M +20.88%
1990 1.87B +554M +41.98%
1989 1.32B −167M −11.23%
1988 1.49B +246M +19.81%
1987 1.24B +242M +24.21%
1986 999M +152M +17.96%
1985 846M +34.55M +4.26%
1984 812M −112M −12.17%
1983 924M +134M +16.97%
1982 790M −33.75M −4.1%
1981 824M −109M −11.71%
1980 933M +58.07M +6.64%
1979 875M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.