Belgium vs Israel: Manufacturing, value added
Manufacturing, value added over time
- Belgium
- Israel
How they compare
Belgium currently reports 60.14 billion constant 2015 US$ against 55.80 billion constant 2015 US$ in Israel, a difference of 4.33 billion constant 2015 US$.
That makes Belgium's figure about 1.1 times Israel's.
Across all 30 years both countries report, Belgium has been ahead every year.
Globally, Belgium ranks 34th and Israel ranks 35th 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.