Honduras vs Nicaragua: Manufacturing, value added
Manufacturing, value added over time
- Honduras
- Nicaragua
How they compare
Honduras currently reports 42.45 billion constant LCU against 34.95 billion constant LCU in Nicaragua, a difference of 7.50 billion constant LCU.
That makes Honduras's figure about 1.2 times Nicaragua's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Nicaragua ahead.
Globally, Honduras ranks 103rd and Nicaragua ranks 106th 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.