Hungary vs Madagascar: Manufacturing, value added
Manufacturing, value added over time
- Hungary
- Madagascar
How they compare
Hungary currently reports 13.18 trillion current LCU against 10.45 trillion current LCU in Madagascar, a difference of 2.74 trillion current LCU.
That makes Hungary's figure about 1.3 times Madagascar's.
Across all 18 years both countries report, Hungary has been ahead every year.
Globally, Hungary ranks 25th and Madagascar ranks 27th 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.