Marshall Islands vs Micronesia (country): Manufacturing, value added
Manufacturing, value added over time
- Marshall Islands
- Micronesia (country)
How they compare
Marshall Islands currently reports 9.04 million current LCU against 2.41 million current LCU in Micronesia (country), a difference of 6.63 million current LCU.
That makes Marshall Islands's figure about 3.7 times Micronesia (country)'s.
The two have swapped places 1 time across 28 shared years of data; in 1997 it was Micronesia (country) ahead.
Globally, Marshall Islands ranks 199th and Micronesia (country) ranks 202nd of 204 countries.
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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.