Cyprus vs Papua New Guinea: Manufacturing, value added
Manufacturing, value added over time
- Cyprus
- Papua New Guinea
How they compare
Cyprus currently reports 1.32 billion constant LCU against 1.17 billion constant LCU in Papua New Guinea, a difference of 147.17 million constant LCU.
That makes Cyprus's figure about 1.1 times Papua New Guinea's.
The two have swapped places 4 times across 44 shared years of data; in 1980 it was Cyprus ahead.
Globally, Cyprus ranks 155th and Papua New Guinea ranks 156th of 191 countries.
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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.