Iceland vs Uruguay: Manufacturing, value added
Manufacturing, value added over time
- Iceland
- Uruguay
How they compare
Iceland currently reports 422.68 billion current LCU against 350.05 billion current LCU in Uruguay, a difference of 72.63 billion current LCU.
That makes Iceland's figure about 1.2 times Uruguay's.
Across all 31 years both countries report, Iceland has been ahead every year.
Globally, Iceland ranks 71st and Uruguay ranks 72nd 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.