Kiribati vs Palau: Industry (including construction), value added
Industry (including construction), value added over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 47.82 million constant LCU against 27.24 million constant LCU in Palau, a difference of 20.58 million constant LCU.
That makes Kiribati's figure about 1.8 times Palau's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Kiribati ranks 196th and Palau ranks 198th 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.