Australia: Manufacturing, value added (constant 2015 US$)

Key figures

What the numbers say

In 2025, Australia's manufacturing, value added (constant 2015 US$) fell 2.2% on 2024 (from US$84.52 billion to US$82.67 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.7% and a typical year strayed about 2.2% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 6.7% in 1988 and the biggest yearly fall was 8.2% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$277.46 million a year. A straight line explains 41% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Australia had the 25th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Australia in the 2025 ranking

• Malaysia — 21st of 136: US$102.25 billion
• Singapore — 22nd of 136: US$90.96 billion
• Philippines — 23rd of 136: US$85.41 billion
• Denmark — 25th of 136: US$82.17 billion
• Sweden — 26th of 136: US$78.09 billion
• Austria — 27th of 136: US$76 billion

What this measures

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 51 values

Manufacturing, value added (constant 2015 US$) in nearby economies

• Brunei Darussalam — US$1.13 billion (2025)
• Cambodia — US$13.05 billion (2025)
• Fiji — US$464.65 million (2025)
• Hong Kong SAR, China — US$3.77 billion (2025)
• Indonesia — US$257.52 billion (2025)
• Japan — US$935.45 billion (2024)
• Kiribati — US$12.39 million (2024)
• Korea, Rep. — US$546.69 billion (2025)
• Lao PDR — US$1.97 billion (2025)
• Malaysia

More economic policy & debt data for Australia

• Portfolio equity, net inflows (BoP, current US$) — US$18.94 billion (2025)
• Total reserves, including gold (current US$) — US$72.63 billion (2025)
• Total reserves, excluding gold (current US$) — US$62.12 billion (2025)
• General government final consumption expenditure (current US$) — US$416.34 billion (2025)
• General government final consumption expenditure (current LCU) — 643.28 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$418.83 billion (2025)
• General government final consumption expenditure (constant LCU) — 622.17 billion (2025)
• General government final consumption expenditure (% of GDP) — 23.15% (2025)

Reading data like this

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Questions people ask

What is Australia's manufacturing, value added (constant 2015 US$)?

US$82.67 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 55.15% from US$53.28 billion in 1975 (0.88% a year on average, compounded). The highest value was US$92.71 billion in 2008 and the lowest US$52.72 billion in 1976.

How does Australia rank?

25th highest of 136 economies with data for 2025.

Is the latest change in manufacturing, value added (constant 2015 US$) unusual for Australia?

In 2025, Australia's manufacturing, value added (constant 2015 US$) fell 2.2% on 2024 (from US$84.52 billion to US$82.67 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.7% and a typical year strayed about 2.2% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NV.IND.MANF.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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