Latvia vs Montenegro: Machinery and transport equipment
Machinery and transport equipment over time
- Latvia
- Montenegro
How they compare
Latvia currently reports 10.8% against 10.1% in Montenegro, a difference of 0.7%.
That makes Latvia's figure about 1.1 times Montenegro's.
The two have swapped places 1 time across 13 shared years of data; in 2010 it was Latvia ahead.
Latvia ranks 66th and Montenegro ranks 67th of 149 countries.
Across the 2 decades both report, Latvia averaged higher in 1 and Montenegro in 1.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.7% | 11.4% | 3.2% | Latvia |
| 2020s | 8.3% | 10.1% | 1.8% | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Latvia or Montenegro?
- Latvia, at 10.8% against 10.1% in Montenegro as of 2023.
- What is the difference in machinery and transport equipment between Latvia and Montenegro?
- 0.7%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 13 years are reported by both, from 2010 to 2022.
- How do Latvia and Montenegro rank globally for machinery and transport equipment?
- Latvia ranks 66th and Montenegro ranks 67th of 149 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).