Micronesia (country) vs Tuvalu: Industry (including construction), value added
Industry (including construction), value added over time
- Micronesia (country)
- Tuvalu
How they compare
Micronesia (country) currently reports 26.47 million current LCU against 3.44 million current LCU in Tuvalu, a difference of 23.04 million current LCU.
That makes Micronesia (country)'s figure about 7.7 times Tuvalu's.
Across all 21 years both countries report, Micronesia (country) has been ahead every year.
Globally, Micronesia (country) ranks 206th and Tuvalu ranks 207th 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.