Australia vs North Macedonia: Manufacturing, value added
Manufacturing, value added over time
- Australia
- North Macedonia
How they compare
North Macedonia currently reports 149.55 billion current LCU against 147.76 billion current LCU in Australia, a difference of 1.79 billion current LCU.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Australia ahead.
Globally, Australia ranks 93rd and North Macedonia ranks 92nd of 204 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.