Russia: Manufacturing value added

The latest value from 2023 is 251.58 billion U.S. dollars, a decline from 285.75 billion U.S. dollars in 2022. In comparison, the world average is 78.73 billion U.S. dollars, based on data from 153 countries. Historically, the average for Russia from 2002 to 2023 is 189.13 billion U.S. dollars. The minimum value, 52.49 billion U.S. dollars, was reached in 2002 while the maximum of 285.75 billion U.S. dollars was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.