Honduras vs North Macedonia: Manufacturing, value added
Manufacturing, value added over time
- Honduras
- North Macedonia
How they compare
North Macedonia currently reports 54.55 billion constant LCU against 42.45 billion constant LCU in Honduras, a difference of 12.10 billion constant LCU.
That makes North Macedonia's figure about 1.3 times Honduras's.
The two have swapped places 6 times across 36 shared years of data; in 1990 it was North Macedonia ahead.
Globally, Honduras ranks 103rd and North Macedonia ranks 101st 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.