Latvia vs Mongolia: Industry (including construction), value added
Industry (including construction), value added over time
- Latvia
- Mongolia
How they compare
Mongolia currently reports 9.45 billion current US$ against 9.08 billion current US$ in Latvia, a difference of 365.73 million current US$.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.
Globally, Latvia ranks 107th and Mongolia ranks 105th 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 indicator is expressed in United States dollars.