Malaysia vs Singapore: Manufacturing, value added
Manufacturing, value added over time
- Malaysia
- Singapore
How they compare
Singapore currently reports 105.25 billion current US$ against 104.33 billion current US$ in Malaysia, a difference of 918.00 million current US$.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Malaysia ahead.
Globally, Malaysia ranks 25th and Singapore ranks 24th 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.