Australia vs Iran: Manufacturing, value added
Manufacturing, value added over time
- Australia
- Iran
How they compare
Iran currently reports 85.48 billion constant 2015 US$ against 82.67 billion constant 2015 US$ in Australia, a difference of 2.81 billion constant 2015 US$.
The two have swapped places 1 time across 50 shared years of data; in 1975 it was Australia ahead.
Globally, Australia ranks 27th and Iran ranks 25th 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.