China vs United States: Manufacturing, value added
Manufacturing, value added over time
- China
- United States
How they compare
China currently reports 4.82 trillion current US$ against 2.50 trillion current US$ in United States, a difference of 2.33 trillion current US$.
That makes China's figure about 1.9 times United States's.
The two have swapped places 1 time across 18 shared years of data; in 2004 it was United States ahead.
Globally, China ranks 1st and United States ranks 2nd 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.