South Africa - Manufacturing Value Added
Since 2014, South Africa Manufacturing Value Added fell by 0.3points year on year. In 2019, the country was ranked number 25 comparing other countries in Manufacturing Value Added with 13.22 Percent of Value Added in Industry and Services. South Africa is overtaken by Belgium, which was number 24 with 13.63 Percent of Value Added in Industry and Services and is followed by Costa Rica at 12.45 Percent of Value Added in Industry and Services. Ireland ranked the highest with 33.5 Percent of Value Added in Industry and Services in 2019, that is a decrease of 4.1points versus 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 witnessed the worst performance at -5.2points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 13.22 |
| 2018 | 13.20 |
| 2017 | 13.39 |
| 2016 | 13.47 |
| 2015 | 13.43 |
How does South Africa 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 | |
| 24 |
#24
Belgium
|
13.63 % | 2019 | -0.1 % | -0.6 % | View data | |
| 25 |
#25
South Africa
|
13.22 % | 2019 | +0.2 % | -0.3 % | View data | |
| 26 |
#26
Costa Rica
|
12.45 % | 2019 | -2.3 % | -1.3 % | View data | |