Georgia vs Panama: Manufacturing, value added
Manufacturing, value added over time
- Georgia
- Panama
How they compare
Georgia currently reports 5.58 billion constant LCU against 3.85 billion constant LCU in Panama, a difference of 1.73 billion constant LCU.
That makes Georgia's figure about 1.4 times Panama's.
The two have swapped places 2 times across 23 shared years of data; in 2003 it was Georgia ahead.
Globally, Georgia ranks 133rd and Panama ranks 136th 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.