Micronesia (country) vs Tuvalu: Manufacturing, value added
Manufacturing, value added over time
- Micronesia (country)
- Tuvalu
How they compare
Micronesia (country) currently reports 2.41 million current LCU against 390,000 current LCU in Tuvalu, a difference of 2.02 million current LCU.
That makes Micronesia (country)'s figure about 6.2 times Tuvalu's.
Across all 17 years both countries report, Micronesia (country) has been ahead every year.
Globally, Micronesia (country) ranks 202nd and Tuvalu ranks 203rd 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.