Eritrea vs Montenegro: Manufacturing, value added
Manufacturing, value added over time
- Eritrea
- Montenegro
How they compare
Eritrea currently reports 361.55 million constant LCU against 178.06 million constant LCU in Montenegro, a difference of 183.49 million constant LCU.
That makes Eritrea's figure about 2.0 times Montenegro's.
Across all 10 years both countries report, Eritrea has been ahead every year.
Globally, Eritrea ranks 166th and Montenegro ranks 169th 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.