Grenada vs Vanuatu: Manufacturing, value added
Manufacturing, value added over time
- Grenada
- Vanuatu
How they compare
Vanuatu currently reports 52.55 million current US$ against 46.81 million current US$ in Grenada, a difference of 5.74 million current US$.
That makes Vanuatu's figure about 1.1 times Grenada's.
The two have swapped places 2 times across 46 shared years of data; in 1979 it was Vanuatu ahead.
Globally, Grenada ranks 189th and Vanuatu ranks 186th 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 indicator is expressed in United States dollars.