* indicates monthly or quarterly data series

Manufacturing value added, billion USD, 2023:

The average for 2023 based on 27 countries was 247.65 billion U.S. dollars. The highest value was in China: 4658.78 billion U.S. dollars and the lowest value was in Mongolia: 1.37 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: billion U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Manufacturing value added, 2023 Global rank Available data
China 4658.78 1 2004 - 2023
India 455.77 2 1960 - 2023
South Korea 416.39 3 1960 - 2023
Indonesia 255.96 4 1983 - 2023
Saudi Arabia 157.88 5 1968 - 2023
Thailand 128.27 6 1960 - 2023
Vietnam 102.63 7 2005 - 2023
Bangladesh 97.73 8 1960 - 2023
Malaysia 92.12 9 1960 - 2023
Singapore 88.5 10 1960 - 2023
Philippines 70.9 11 2000 - 2023
Pakistan 45.94 12 1960 - 2023
Kazakhstan 32.15 13 1995 - 2023
Uzbekistan 17.71 14 2010 - 2023
Sri Lanka 15.12 15 1960 - 2023
Iraq 8.95 16 1968 - 2023
Jordan 8.81 17 1965 - 2023
Bahrain 8.57 18 1980 - 2023
Cambodia 5.82 19 1993 - 2023
Azerbaijan 4.18 20 1990 - 2023
Brunei 2.82 21 1974 - 2023
Armenia 2.69 22 2012 - 2023
Georgia 2.52 23 1996 - 2023
Nepal 1.87 24 1965 - 2023
Kyrgyzstan 1.76 25 1990 - 2023
Laos 1.47 26 1989 - 2023
Mongolia 1.37 27 1989 - 2023



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.

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