Micronesia (country) vs Palau: Manufacturing, value added
Manufacturing, value added over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 3.89 million current LCU against 2.41 million current LCU in Micronesia (country), a difference of 1.48 million current LCU.
That makes Palau's figure about 1.6 times Micronesia (country)'s.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Micronesia (country) ranks 202nd and Palau ranks 201st 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.