Mexico vs Mongolia: Manufacturing, value added
Manufacturing, value added over time
- Mexico
- Mongolia
How they compare
Mexico currently reports 7.04 trillion current LCU against 5.28 trillion current LCU in Mongolia, a difference of 1.76 trillion current LCU.
That makes Mexico's figure about 1.3 times Mongolia's.
Across all 37 years both countries report, Mexico has been ahead every year.
Globally, Mexico ranks 31st and Mongolia ranks 34th 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.