Namibia vs Nicaragua: Industry (including construction), value added
Industry (including construction), value added over time
- Namibia
- Nicaragua
How they compare
Nicaragua currently reports 51.25 billion constant LCU against 40.14 billion constant LCU in Namibia, a difference of 11.12 billion constant LCU.
That makes Nicaragua's figure about 1.3 times Namibia's.
The two have swapped places 6 times across 46 shared years of data; in 1980 it was Nicaragua ahead.
Globally, Namibia ranks 123rd and Nicaragua ranks 120th 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.