Estonia vs Vanuatu: Manufacturing, value added
Manufacturing, value added over time
- Estonia
- Vanuatu
How they compare
Vanuatu currently reports 6.26 billion current LCU against 4.49 billion current LCU in Estonia, a difference of 1.77 billion current LCU.
That makes Vanuatu's figure about 1.4 times Estonia's.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Vanuatu ahead.
Globally, Estonia ranks 148th and Vanuatu ranks 145th 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.