China vs Mongolia: Industry (including construction), value added
Industry (including construction), value added over time
- China
- Mongolia
How they compare
China currently reports 49.97 trillion current LCU against 33.50 trillion current LCU in Mongolia, a difference of 16.46 trillion current LCU.
That makes China's figure about 1.5 times Mongolia's.
Across all 45 years both countries report, China has been ahead every year.
Globally, China ranks 24th and Mongolia ranks 27th of 208 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.