Australia vs Austria: Manufacturing, value added
Manufacturing, value added over time
- Australia
- Austria
How they compare
Australia currently reports 95.63 billion current US$ against 88.24 billion current US$ in Austria, a difference of 7.39 billion current US$.
That makes Australia's figure about 1.1 times Austria's.
Across all 36 years both countries report, Australia has been ahead every year.
Globally, Australia ranks 28th and Austria ranks 30th 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 indicator is expressed in United States dollars.