Ireland vs Spain: Manufacturing, value added
Manufacturing, value added over time
- Ireland
- Spain
How they compare
Ireland currently reports 216.67 billion current LCU against 178.78 billion current LCU in Spain, a difference of 37.89 billion current LCU.
That makes Ireland's figure about 1.2 times Spain's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Spain ahead.
Globally, Ireland ranks 86th and Spain ranks 88th 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.