Philippines vs Thailand: Industry (including construction), value added
Industry (including construction), value added over time
- Philippines
- Thailand
How they compare
Philippines currently reports 7.56 trillion current LCU against 5.90 trillion current LCU in Thailand, a difference of 1.66 trillion current LCU.
That makes Philippines's figure about 1.3 times Thailand's.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Thailand ahead.
Globally, Philippines ranks 40th and Thailand ranks 41st 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.