Micronesia (country) vs Palau: Industry (including construction), value added
Industry (including construction), value added over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 41.87 million current LCU against 26.47 million current LCU in Micronesia (country), a difference of 15.40 million current LCU.
That makes Palau's figure about 1.6 times Micronesia (country)'s.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Micronesia (country) ranks 206th 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.