Laos vs Madagascar: Industry (including construction), value added
Industry (including construction), value added over time
- Laos
- Madagascar
How they compare
Laos currently reports 5.34 billion current US$ against 4.69 billion current US$ in Madagascar, a difference of 649.09 million current US$.
That makes Laos's figure about 1.1 times Madagascar's.
The two have swapped places 1 time across 19 shared years of data; in 2007 it was Madagascar ahead.
Globally, Laos ranks 128th and Madagascar ranks 131st 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 indicator is expressed in United States dollars.