Guinea vs Madagascar: Manufacturing, value added
Manufacturing, value added over time
- Guinea
- Madagascar
How they compare
Guinea currently reports 2.54 billion current US$ against 2.31 billion current US$ in Madagascar, a difference of 229.42 million current US$.
That makes Guinea's figure about 1.1 times Madagascar's.
The two have swapped places 5 times across 16 shared years of data; in 2007 it was Madagascar ahead.
Globally, Guinea ranks 114th and Madagascar ranks 117th 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.