Latvia vs Namibia: Manufacturing, value added
Manufacturing, value added over time
- Latvia
- Namibia
How they compare
Namibia currently reports 10.0% against 10.0% in Latvia, a difference of 0.0%.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Latvia ahead.
Globally, Latvia ranks 102nd and Namibia ranks 101st 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.