Latvia vs Madagascar: Industry (including construction), value added
Industry (including construction), value added over time
- Latvia
- Madagascar
How they compare
Madagascar currently reports 4.5% against 4.4% in Latvia, a difference of 0.1%.
The two have swapped places 11 times across 30 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 68th and Madagascar ranks 67th of 197 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Madagascar in 2.
Head to head by decade
| Decade | Latvia | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | -1.8% | 7.7% | Latvia |
| 2000s | 3.3% | 2.4% | 0.9% | Latvia |
| 2010s | 1.7% | 6.3% | 4.6% | Madagascar |
| 2020s | -0.7% | 2.9% | 3.6% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Latvia or Madagascar?
- Madagascar, at 4.5% against 4.4% in Latvia as of 2025.
- What is the difference in industry (including construction), value added between Latvia and Madagascar?
- 0.1%, with Madagascar ahead.
- How many years of comparable data are there for Latvia and Madagascar?
- 30 years are reported by both, from 1996 to 2025.
- How do Latvia and Madagascar rank globally for industry (including construction), value added?
- Latvia ranks 68th and Madagascar ranks 67th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.