Australia vs Turkey: Industry (including construction), value added
Industry (including construction), value added over time
- Australia
- Turkey
How they compare
Australia currently reports 680.23 billion constant LCU against 565.45 billion constant LCU in Turkey, a difference of 114.78 billion constant LCU.
That makes Australia's figure about 1.2 times Turkey's.
Across all 35 years both countries report, Australia has been ahead every year.
Globally, Australia ranks 68th and Turkey ranks 70th of 199 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 varies by country. This series is expressed in local currency units.