Marshall Islands vs Micronesia (country): Industry (including construction), value added
Industry (including construction), value added over time
- Marshall Islands
- Micronesia (country)
How they compare
Marshall Islands currently reports 28.56 million constant 2015 US$ against 19.26 million constant 2015 US$ in Micronesia (country), a difference of 9.30 million constant 2015 US$.
That makes Marshall Islands's figure about 1.5 times Micronesia (country)'s.
The two have swapped places 5 times across 28 shared years of data; in 1997 it was Micronesia (country) ahead.
Globally, Marshall Islands ranks 193rd and Micronesia (country) ranks 195th 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.