India vs Italy: Manufacturing, value added
Manufacturing, value added over time
- India
- Italy
How they compare
India currently reports 532.92 billion current US$ against 382.77 billion current US$ in Italy, a difference of 150.15 billion current US$.
That makes India's figure about 1.4 times Italy's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Italy ahead.
Globally, India ranks 5th and Italy ranks 7th 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.