Value Added (Total Manufacturing) — Ratio of Value Added in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Ratio of Value Added was 0.7287 in 2023. ▲ Rising
Value Added (Total Manufacturing) — Ratio of Value Added in Least Developed Countries (LDCs), 1970–2023
Source: Food and Agriculture Organization of the United Nations.
Analysis
Least Developed Countries (LDCs) recorded 0.7287 for value added (total manufacturing) — ratio of value added in 2023.
Compared with earlier readings it is down 2.2% on the previous year and up 35.1% over ten years.
Over the whole period, value added (total manufacturing) — ratio of value added in Least Developed Countries (LDCs) peaked at 0.7575 in 2019 and was at its lowest, 0.2935, in 1992.
That places Least Developed Countries (LDCs) 13th out of 20 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Ratio of Value Added in Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.3331 | — |
| 1971 | 0.3453 | +3.6% |
| 1972 | 0.3287 | -4.8% |
| 1973 | 0.3668 | +11.6% |
| 1974 | 0.3676 | +0.2% |
| 1975 | 0.348 | -5.3% |
| 1976 | 0.3409 | -2.1% |
| 1977 | 0.3536 | +3.7% |
| 1978 | 0.3734 | +5.6% |
| 1979 | 0.3733 | -0.0% |
| 1980 | 0.394 | +5.5% |
| 1981 | 0.3875 | -1.7% |
| 1982 | 0.3791 | -2.2% |
| 1983 | 0.3615 | -4.7% |
| 1984 | 0.35 | -3.2% |
| 1985 | 0.3259 | -6.9% |
| 1986 | 0.3274 | +0.4% |
| 1987 | 0.3265 | -0.3% |
| 1988 | 0.3374 | +3.3% |
| 1989 | 0.333 | -1.3% |
| 1990 | 0.3295 | -1.1% |
| 1991 | 0.2989 | -9.3% |
| 1992 | 0.2935 | -1.8% |
| 1993 | 0.2987 | +1.8% |
| 1994 | 0.3054 | +2.2% |
| 1995 | 0.3099 | +1.5% |
| 1996 | 0.3405 | +9.9% |
| 1997 | 0.3259 | -4.3% |
| 1998 | 0.3498 | +7.3% |
| 1999 | 0.3466 | -0.9% |
| 2000 | 0.3686 | +6.3% |
| 2001 | 0.4088 | +10.9% |
| 2002 | 0.4245 | +3.8% |
| 2003 | 0.4357 | +2.6% |
| 2004 | 0.4577 | +5.1% |
| 2005 | 0.442 | -3.4% |
| 2006 | 0.4643 | +5.0% |
| 2007 | 0.4696 | +1.2% |
| 2008 | 0.4464 | -4.9% |
| 2009 | 0.4792 | +7.3% |
| 2010 | 0.4957 | +3.4% |
| 2011 | 0.5196 | +4.8% |
| 2012 | 0.5138 | -1.1% |
| 2013 | 0.5394 | +5.0% |
| 2014 | 0.5498 | +1.9% |
| 2015 | 0.5824 | +5.9% |
| 2016 | 0.6329 | +8.7% |
| 2017 | 0.6404 | +1.2% |
| 2018 | 0.7328 | +14.4% |
| 2019 | 0.7575 | +3.4% |
| 2020 | 0.7277 | -3.9% |
| 2021 | 0.7558 | +3.9% |
| 2022 | 0.7451 | -1.4% |
| 2023 | 0.7287 | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3531 | 0.3287 | 0.3734 | 10 |
| 1980s | 0.3522 | 0.3259 | 0.394 | 10 |
| 1990s | 0.3199 | 0.2935 | 0.3498 | 10 |
| 2000s | 0.4397 | 0.3686 | 0.4792 | 10 |
| 2010s | 0.5964 | 0.4957 | 0.7575 | 10 |
| 2020s | 0.7393 | 0.7277 | 0.7558 | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 10 Democratic People's Republic of Korea 0.9813 compare
- 10 Germany 22.01 compare
- 11 Denmark 21.09 compare
- 12 Bolivia (Plurinational State of) 0.7564 compare
- 12 British Virgin Islands 20.06 compare
- 13 Japan 19.42 compare
- 14 China, Hong Kong SAR 19.12 compare
- 14 Lao People's Democratic Republic 0.4766 compare
- 15 Republic of Korea 17.91 compare
- 15 Melanesia 0.305 compare
- 16 Trinidad and Tobago 17.3 compare
- 16 United Republic of Tanzania 0.2654 compare
More environment data for Least Developed Countries (LDCs)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.229 °C (2025)
- Temperature change 1.29 °C (2025)
- Agriculture — Area 836,181 1000 ha (2024)
- Nutrient potash K2O (total) — Use per capita 0.82 kg/cap (2024)
- Nutrient potash K2O (total) — Use per value of agricultural production 3.21 g/Int$ (2024)
- Country area — Area 2.08 million 1000 ha (2024)
- Land area — Area 2.04 million 1000 ha (2024)
- Cropland — Share in Land area 11 % (2024)
- Cropland — Share in Agricultural land 26.79 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — ratio of value added in Least Developed Countries (LDCs)?
- Value added (total manufacturing) — ratio of value added in Least Developed Countries (LDCs) was 0.7287 in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — ratio of value added recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 0.7575 in 2019.
- What is the lowest value added (total manufacturing) — ratio of value added recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 0.2935 in 1992.
- How does Least Developed Countries (LDCs) rank for value added (total manufacturing) — ratio of value added?
- Least Developed Countries (LDCs) ranks 13th out of 20 groups with data for 2023.
- Is value added (total manufacturing) — ratio of value added rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is rising.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Ratio of Value Added (Agriculture, Forestry and Fishing) US$. Statizoid updates them automatically from the source API.
Download this data
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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).