Guinea vs Iraq: Manufacturing, value added
Manufacturing, value added over time
- Guinea
- Iraq
How they compare
Guinea currently reports 7.61 trillion constant LCU against 5.30 trillion constant LCU in Iraq, a difference of 2.31 trillion constant LCU.
That makes Guinea's figure about 1.4 times Iraq's.
Across all 17 years both countries report, Guinea has been ahead every year.
Globally, Guinea ranks 21st and Iraq ranks 23rd 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.