Australia vs Spain: Manufacturing, value added
Manufacturing, value added over time
- Australia
- Spain
How they compare
Spain currently reports 156.67 billion constant LCU against 140.94 billion constant LCU in Australia, a difference of 15.72 billion constant LCU.
That makes Spain's figure about 1.1 times Australia's.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Australia ahead.
Globally, Australia ranks 81st and Spain ranks 80th 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.