Manufacturing Value Added

Oceania Ranking

billion USDSource: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Australia75.042020178.16
2New Zealand21.212018221.04
3Fiji0.53202030.57
4New Caledonia0.51201740.52
5Papua New Guinea0.42201950.42
6Samoa0.04202060.05
7Tonga0.03202070.03
7Vanuatu0.03201870.03
9Kiribati0.01201790.01
10Palau02018100
10Tuvalu02010100
10Micronesia02020100

Definition of Manufacturing Value Added

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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