Barbados vs Belize: Manufacturing, value added
Manufacturing, value added over time
- Barbados
- Belize
How they compare
Barbados currently reports 752.09 million current LCU against 422.49 million current LCU in Belize, a difference of 329.60 million current LCU.
That makes Barbados's figure about 1.8 times Belize's.
Across all 47 years both countries report, Barbados has been ahead every year.
Globally, Barbados ranks 173rd and Belize ranks 176th 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.