Nicaragua vs North Macedonia: Industry (including construction), value added
Industry (including construction), value added over time
- Nicaragua
- North Macedonia
How they compare
North Macedonia currently reports 251.52 billion current LCU against 238.31 billion current LCU in Nicaragua, a difference of 13.21 billion current LCU.
That makes North Macedonia's figure about 1.1 times Nicaragua's.
Across all 32 years both countries report, North Macedonia has been ahead every year.
Globally, Nicaragua ranks 103rd and North Macedonia ranks 101st 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.