Ireland vs United Kingdom: Manufacturing, value added
Manufacturing, value added over time
- Ireland
- United Kingdom
How they compare
United Kingdom currently reports 233.39 billion current LCU against 216.67 billion current LCU in Ireland, a difference of 16.71 billion current LCU.
That makes United Kingdom's figure about 1.1 times Ireland's.
Across all 31 years both countries report, United Kingdom has been ahead every year.
Globally, Ireland ranks 86th and United Kingdom ranks 83rd 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.