Kiribati vs Palau: Industry (including construction), value added
Industry (including construction), value added over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 36.02 million constant 2015 US$ against 26.78 million constant 2015 US$ in Palau, a difference of 9.24 million constant 2015 US$.
That makes Kiribati's figure about 1.3 times Palau's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Kiribati ranks 191st and Palau ranks 194th of 195 countries.
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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.