Palau vs Venezuela: Manufacturing, value added
Manufacturing, value added over time
- Palau
- Venezuela
How they compare
Palau currently reports 3.89 million current LCU against 0 current LCU in Venezuela, a difference of 3.89 million current LCU.
Across all 12 years both countries report, Palau has been ahead every year.
Globally, Palau ranks 201st and Venezuela ranks 204th 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.