Malawi vs Serbia: Industry (including construction), value added
Industry (including construction), value added over time
- Malawi
- Serbia
How they compare
Serbia currently reports 1.74 trillion constant LCU against 1.51 trillion constant LCU in Malawi, a difference of 231.39 billion constant LCU.
That makes Serbia's figure about 1.2 times Malawi's.
Across all 31 years both countries report, Serbia has been ahead every year.
Globally, Malawi ranks 55th and Serbia ranks 54th 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.