Manufacturing value added — all countries

Manufacturing value added — OPEC

Manufacturing value added in OPEC in 2024 — 423,149,206,743 US$. Since 1981, the indicator has risen by 511.6%.

2024 423B US$ −1.69% vs 2023
World rank
Period maximum 430B US$2023
Period minimum 35.18B US$1993

Trend over time

1981–2024 · US$

Manufacturing value added — OPEC, 1981–20240200B400B600B19811986199119962001200620112016202120241981: 69,189,934,404 US$1982: 67,891,682,094 US$1983: 61,688,188,408 US$1984: 55,183,428,802 US$1985: 58,432,933,164 US$1986: 57,168,219,047 US$1987: 49,219,177,306 US$1988: 54,191,074,926 US$1989: 48,201,144,303 US$1990: 54,852,722,107 US$1991: 47,397,878,739 US$1992: 44,568,641,571 US$1993: 35,179,841,800 US$1994: 45,878,382,930 US$1995: 65,851,491,199 US$1996: 81,207,572,183 US$1997: 87,740,856,877 US$1998: 84,288,868,109 US$1999: 75,485,198,646 US$2000: 86,662,011,194 US$2001: 72,333,161,111 US$2002: 73,551,779,973 US$2003: 84,532,808,164 US$2004: 102,079,883,127 US$2005: 118,976,001,321 US$2006: 137,431,008,330 US$2007: 155,405,484,612 US$2008: 181,913,355,811 US$2009: 170,336,595,076 US$2010: 198,121,883,409 US$2011: 250,024,764,077 US$2012: 283,321,019,722 US$2013: 270,108,241,480 US$2014: 286,887,268,106 US$2015: 253,251,621,977 US$2016: 252,595,771,276 US$2017: 270,238,547,068 US$2018: 286,571,246,778 US$2019: 304,862,742,321 US$2020: 272,684,836,205 US$2021: 362,017,736,093 US$2022: 427,987,475,361 US$2023: 430,410,205,048 US$2024: 423,149,206,743 US$
Change over the period: +354B (+511.58%) Average annual rate: 4.3 %

Comparison, 2024

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

OPEC 423B US$
World 16.62T US$
Manufacturing value added — OPEC, by year OPEC All countries CSV XLSX
Year US$ Change Change, %
2024 423B −7.26B −1.69%
2023 430B +2.42B +0.57%
2022 428B +65.97B +18.22%
2021 362B +89.33B +32.76%
2020 273B −32.18B −10.55%
2019 305B +18.29B +6.38%
2018 287B +16.33B +6.04%
2017 270B +17.64B +6.98%
2016 253B −656M −0.26%
2015 253B −33.64B −11.72%
2014 287B +16.78B +6.21%
2013 270B −13.21B −4.66%
2012 283B +33.3B +13.32%
2011 250B +51.9B +26.2%
2010 198B +27.79B +16.31%
2009 170B −11.58B −6.36%
2008 182B +26.51B +17.06%
2007 155B +17.97B +13.08%
2006 137B +18.46B +15.51%
2005 119B +16.9B +16.55%
2004 102B +17.55B +20.76%
2003 84.53B +10.98B +14.93%
2002 73.55B +1.22B +1.68%
2001 72.33B −14.33B −16.53%
2000 86.66B +11.18B +14.81%
1999 75.49B −8.8B −10.44%
1998 84.29B −3.45B −3.93%
1997 87.74B +6.53B +8.05%
1996 81.21B +15.36B +23.32%
1995 65.85B +19.97B +43.53%
1994 45.88B +10.7B +30.41%
1993 35.18B −9.39B −21.07%
1992 44.57B −2.83B −5.97%
1991 47.4B −7.45B −13.59%
1990 54.85B +6.65B +13.8%
1989 48.2B −5.99B −11.05%
1988 54.19B +4.97B +10.1%
1987 49.22B −7.95B −13.9%
1986 57.17B −1.26B −2.16%
1985 58.43B +3.25B +5.89%
1984 55.18B −6.5B −10.54%
1983 61.69B −6.2B −9.14%
1982 67.89B −1.3B −1.88%
1981 69.19B

About the indicator

Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.

Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.

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