Belgium vs North Macedonia: Industry (including construction), value added
Industry (including construction), value added over time
- Belgium
- North Macedonia
How they compare
North Macedonia currently reports 106.51 billion constant LCU against 95.77 billion constant LCU in Belgium, a difference of 10.74 billion constant LCU.
That makes North Macedonia's figure about 1.1 times Belgium's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Belgium ahead.
Globally, Belgium ranks 104th and North Macedonia ranks 101st 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.