Singapore vs Vietnam: Manufacturing, value added
Manufacturing, value added over time
- Singapore
- Vietnam
How they compare
Vietnam currently reports 126.25 billion current US$ against 105.25 billion current US$ in Singapore, a difference of 20.99 billion current US$.
That makes Vietnam's figure about 1.2 times Singapore's.
The two have swapped places 3 times across 21 shared years of data; in 2005 it was Singapore ahead.
Globally, Singapore ranks 24th and Vietnam ranks 23rd 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.