Philippines vs Thailand: Manufacturing, value added
Manufacturing, value added over time
- Philippines
- Thailand
How they compare
Thailand currently reports 4.51 trillion current LCU against 4.29 trillion current LCU in Philippines, a difference of 211.02 billion current LCU.
Across all 26 years both countries report, Thailand has been ahead every year.
Globally, Philippines ranks 37th and Thailand ranks 36th 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.