Kiribati vs Palau: Industry (including construction), value added
Industry (including construction), value added over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 61.25 million current LCU against 41.87 million current LCU in Palau, a difference of 19.38 million current LCU.
That makes Kiribati's figure about 1.5 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 203rd and Palau ranks 204th of 208 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.