Armenia vs Georgia: Industry (including construction), value added
Industry (including construction), value added over time
- Armenia
- Georgia
How they compare
Georgia currently reports 4.61 billion constant 2015 US$ against 4.42 billion constant 2015 US$ in Armenia, a difference of 191.05 million constant 2015 US$.
The two have swapped places 1 time across 23 shared years of data; in 2003 it was Armenia ahead.
Globally, Armenia ranks 121st and Georgia ranks 119th of 195 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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.