India vs Laos: Industry (including construction), value added
Industry (including construction), value added over time
- India
- Laos
How they compare
India currently reports 87.31 trillion constant LCU against 60.10 trillion constant LCU in Laos, a difference of 27.22 trillion constant LCU.
That makes India's figure about 1.5 times Laos's.
Across all 26 years both countries report, India has been ahead every year.
Globally, India ranks 9th and Laos ranks 12th 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.