Guatemala vs Netherlands: Manufacturing, value added
Manufacturing, value added over time
- Guatemala
- Netherlands
How they compare
Netherlands currently reports 100.42 billion constant LCU against 86.55 billion constant LCU in Guatemala, a difference of 13.87 billion constant LCU.
That makes Netherlands's figure about 1.2 times Guatemala's.
Across all 57 years both countries report, Netherlands has been ahead every year.
Globally, Guatemala ranks 91st and Netherlands ranks 90th 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.