Lower middle income vs Spain: Industry (including construction), value added
Industry (including construction), value added over time
- Lower middle income
- Spain
How they compare
Lower middle income currently reports 2.30 trillion constant 2015 US$ against 270.61 billion constant 2015 US$ in Spain, a difference of 2.03 trillion constant 2015 US$.
That makes Lower middle income's figure about 8.5 times Spain's.
Across all 31 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 16th and Spain ranks 18th of 43 groups.
Lower middle income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lower middle income | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 549.69 billion constant 2015 US$ | 239.91 billion constant 2015 US$ | 309.78 billion constant 2015 US$ | Lower middle income |
| 2000s | 823.45 billion constant 2015 US$ | 299.47 billion constant 2015 US$ | 523.97 billion constant 2015 US$ | Lower middle income |
| 2010s | 1.43 trillion constant 2015 US$ | 251.19 billion constant 2015 US$ | 1.18 trillion constant 2015 US$ | Lower middle income |
| 2020s | 1.99 trillion constant 2015 US$ | 254.56 billion constant 2015 US$ | 1.73 trillion constant 2015 US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Lower middle income or Spain?
- Lower middle income, at 2.30 trillion constant 2015 US$ against 270.61 billion constant 2015 US$ in Spain as of 2025.
- What is the difference in industry (including construction), value added between Lower middle income and Spain?
- 2.03 trillion constant 2015 US$, with Lower middle income ahead.
- How many years of comparable data are there for Lower middle income and Spain?
- 31 years are reported by both, from 1995 to 2025.
- How do Lower middle income and Spain rank globally for industry (including construction), value added?
- Lower middle income ranks 16th and Spain ranks 18th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.