Australia - Manufacturing Value Added
Since 2014, Australia Manufacturing Value Added fell by 2points year on year. With 6.11 Percent of Value Added in Industry and Services in 2019, the country was number 42 among other countries in Manufacturing Value Added. Australia is overtaken by Norway, which was ranked number 41 with 7.11 Percent of Value Added in Industry and Services and is followed by Luxembourg at 5.02 Percent of Value Added in Industry and Services. Ireland lead the ranking with 33.5 Percent of Value Added in Industry and Services in 2019, that is a decrease of 4.1points compared to 2018. South Korea, Czech Republic and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +9points per year, while Iceland recorded the worst performance at -5.2points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 6.11 |
| 2018 | 6.03 |
| 2017 | 6.20 |
| 2016 | 6.22 |
| 2015 | 6.54 |
How does Australia rank in Manufacturing Value Added?
| # | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Ireland
|
33.50 % | 2019 | -4.1 % | +9.0 % | View data | |
| 2 |
#2
South Korea
|
27.66 % | 2019 | -5.0 % | -1.3 % | View data | |
| 41 |
#41
Norway
|
7.11 % | 2019 | +5.5 % | -1.4 % | View data | |
| 42 |
#42
Australia
|
6.11 % | 2019 | +1.2 % | -1.9 % | View data | |
| 43 |
#43
Luxembourg
|
5.02 % | 2019 | -11.7 % | +2.5 % | View data | |