Armenia vs Saudi Arabia: Industry (including construction), value added
Industry (including construction), value added over time
- Armenia
- Saudi Arabia
How they compare
Saudi Arabia currently reports 2.05 trillion constant LCU against 1.95 trillion constant LCU in Armenia, a difference of 103.20 billion constant LCU.
That makes Saudi Arabia's figure about 1.1 times Armenia's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Armenia ahead.
Globally, Armenia ranks 51st and Saudi Arabia ranks 50th of 199 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 varies by country. This series is expressed in local currency units.