Laos vs Russia: Manufacturing, value added
Manufacturing, value added over time
- Laos
- Russia
How they compare
Laos currently reports 34.10 trillion current LCU against 29.26 trillion current LCU in Russia, a difference of 4.84 trillion current LCU.
That makes Laos's figure about 1.2 times Russia's.
The two have swapped places 8 times across 24 shared years of data; in 2002 it was Laos ahead.
Globally, Laos ranks 15th and Russia ranks 18th 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.