India vs Japan: Manufacturing, value added
Manufacturing, value added over time
- India
- Japan
How they compare
Japan currently reports 788.45 billion current US$ against 532.92 billion current US$ in India, a difference of 255.53 billion current US$.
That makes Japan's figure about 1.5 times India's.
Across all 31 years both countries report, Japan has been ahead every year.
Globally, India ranks 5th and Japan ranks 4th 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.