Singapore vs Thailand: Manufacturing, value added
Manufacturing, value added over time
- Singapore
- Thailand
How they compare
Thailand currently reports 137.00 billion current US$ against 105.25 billion current US$ in Singapore, a difference of 31.75 billion current US$.
That makes Thailand's figure about 1.3 times Singapore's.
Across all 66 years both countries report, Thailand has been ahead every year.
Globally, Singapore ranks 24th and Thailand ranks 21st 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.