Algeria vs Hungary: Manufacturing, value added
Manufacturing, value added over time
- Algeria
- Hungary
How they compare
Hungary currently reports 25.38 billion constant 2015 US$ against 21.28 billion constant 2015 US$ in Algeria, a difference of 4.09 billion constant 2015 US$.
That makes Hungary's figure about 1.2 times Algeria's.
Across all 26 years both countries report, Hungary has been ahead every year.
Globally, Algeria ranks 51st and Hungary ranks 50th of 185 countries.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.