Israel vs United Kingdom: Manufacturing, value added
Manufacturing, value added over time
- Israel
- United Kingdom
How they compare
United Kingdom currently reports 201.46 billion constant LCU against 199.50 billion constant LCU in Israel, a difference of 1.95 billion constant LCU.
Across all 30 years both countries report, United Kingdom has been ahead every year.
Globally, Israel ranks 73rd and United Kingdom ranks 72nd 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.