World Manufacturing Output 1997-2025

World manufacturing output for 2023 was 16.182 trillion US dollars, a 0.96% increase from 2022.
  • World manufacturing output for 2022 was 16.028 trillion US dollars, a 0.31% decline from 2021.
  • World manufacturing output for 2021 was 16.077 trillion US dollars, a 17.76% increase from 2020.
  • World manufacturing output for 2020 was 13.652 trillion US dollars, a 2.78% decline from 2019.
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.