Abstract
In recent years, Indonesia has seen significant growth in value-added manufacturing, driven by industrialization and export diversification. The 2023 figure of 3.9plcu marks a notable rise, reflecting the country’s increasing role as a manufacturing hub in Southeast Asia. Historically, Indonesia’s value-added production was modest, but it has steadily gained strength due to policy shifts favoring infrastructure development, investment in local industries, and a push for higher-tech manufacturing. This growth contrasts with the global trend of advanced economies shifting towards service-oriented industries, while Indonesia capitalizes on its manufacturing potential.
Manufacturing, local currency
Iran’s achievement of 20.9 plcu in 2022, reaching 100% of its peak, reflects significant strides in its agricultural, forestry, fishing, and manufacturing sectors, despite geopolitical challenges. Since 1960, Iran has experienced fluctuating growth patterns, with periods of rapid industrialization and diversification, often tied to changes in domestic policies and international sanctions. The country’s economy has increasingly focused on sectors like oil, agriculture, and manufacturing. Despite facing obstacles like economic sanctions, Iran’s resilience is evident in its robust local currency performance and sectoral development.
The maximum is the latest one, 20.9PLCU of Iran
Manufacturing, local currency (worldwide)
Iran’s 2022 peak of 20.9 plcu in manufacturing and local currencies highlights its evolving industrial capacity, despite facing economic challenges. Since 1960, Iran has seen periods of growth driven by oil revenues, industrialization efforts, and efforts to diversify its economy. Manufacturing became increasingly important as Iran sought to reduce reliance on oil exports, but it has faced setbacks due to international sanctions. The resilience of its local currency reflects adaptation to economic pressures, with an ongoing focus on bolstering domestic production and navigating external trade barriers.
The maximum is the latest one, 20.9PLCU of Iran
Manufacturing, local currency (world countries, latest year)
Indonesia’s 2023 figure of 3.9 plcu in manufacturing and local currencies reflects significant growth in its industrial and economic sectors. While this is notably lower than the global average of 61.1 tlcu, it marks a continued rise in Indonesia’s manufacturing capacity, driven by investment in infrastructure and industrial diversification. Over time, Indonesia has increasingly focused on local currency strengthening, leveraging its robust natural resources and growing domestic market. However, it remains below global leaders, indicating room for further development in manufacturing and currency stability.
The maximum is 3.9PLCU of Indonesia, the average is 61.6TLCU, and the total is 7.76PLCU
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