Aruba vs Montenegro: Manufacturing, value added
Manufacturing, value added over time
- Aruba
- Montenegro
How they compare
Montenegro currently reports 254.68 million current LCU against 157.98 million current LCU in Aruba, a difference of 96.70 million current LCU.
That makes Montenegro's figure about 1.6 times Aruba's.
The two have swapped places 7 times across 24 shared years of data; in 2000 it was Aruba ahead.
Globally, Aruba ranks 181st and Montenegro ranks 178th of 204 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.