Isle of Man vs Latin America & Caribbean (excluding high income): Manufacturing, value added
Manufacturing, value added over time
- Isle of Man
- Latin America & Caribbean (excluding high income)
How they compare
Isle of Man currently reports 6.7% against 0.4% in Latin America & Caribbean (excluding high income), a difference of 6.3%.
That makes Isle of Man's figure about 18.0 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 5 times across 11 shared years of data; in 2013 it was Latin America & Caribbean (excluding high income) ahead.
Isle of Man ranks 35th and Latin America & Caribbean (excluding high income) ranks 33rd of 192 countries.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Isle of Man | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -4.1% | 0.1% | 4.2% | Latin America & Caribbean (excluding high income) |
| 2020s | -3.9% | 1.0% | 5.0% | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Isle of Man or Latin America & Caribbean (excluding high income)?
- Isle of Man, at 6.7% against 0.4% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in manufacturing, value added between Isle of Man and Latin America & Caribbean (excluding high income)?
- 6.3%, with Isle of Man ahead.
- How many years of comparable data are there for Isle of Man and Latin America & Caribbean (excluding high income)?
- 11 years are reported by both, from 2013 to 2023.
- How do Isle of Man and Latin America & Caribbean (excluding high income) rank globally for manufacturing, value added?
- Isle of Man ranks 35th and Latin America & Caribbean (excluding high income) ranks 33rd of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.