Palau vs Turks and Caicos Islands: Manufacturing, value added
Manufacturing, value added over time
- Palau
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 7.80 million current LCU against 3.89 million current LCU in Palau, a difference of 3.91 million current LCU.
That makes Turks and Caicos Islands's figure about 2.0 times Palau's.
Across all 25 years both countries report, Turks and Caicos Islands has been ahead every year.
Globally, Palau ranks 201st and Turks and Caicos Islands ranks 200th 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.