Australia vs Nepal: Manufacturing, value added
Manufacturing, value added over time
- Australia
- Nepal
How they compare
Australia currently reports 140.94 billion constant LCU against 129.25 billion constant LCU in Nepal, a difference of 11.70 billion constant LCU.
That makes Australia's figure about 1.1 times Nepal's.
Across all 51 years both countries report, Australia has been ahead every year.
Globally, Australia ranks 81st and Nepal ranks 84th of 191 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 varies by country. This series is expressed in local currency units.