Cuba vs Latvia: Manufacturing, value added
Manufacturing, value added over time
- Cuba
- Latvia
How they compare
Cuba currently reports 3.53 billion constant LCU against 3.51 billion constant LCU in Latvia, a difference of 25.28 million constant LCU.
Across all 30 years both countries report, Cuba has been ahead every year.
Cuba ranks 140th and Latvia ranks 141st of 192 countries.
Cuba has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cuba | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.38 billion constant LCU | 1.88 billion constant LCU | 2.51 billion constant LCU | Cuba |
| 2000s | 5.35 billion constant LCU | 2.67 billion constant LCU | 2.67 billion constant LCU | Cuba |
| 2010s | 6.77 billion constant LCU | 2.88 billion constant LCU | 3.89 billion constant LCU | Cuba |
| 2020s | 4.31 billion constant LCU | 3.48 billion constant LCU | 833.05 million constant LCU | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Cuba or Latvia?
- Cuba, at 3.53 billion constant LCU against 3.51 billion constant LCU in Latvia as of 2024.
- What is the difference in manufacturing, value added between Cuba and Latvia?
- 25.28 million constant LCU, with Cuba ahead.
- How many years of comparable data are there for Cuba and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Cuba and Latvia rank globally for manufacturing, value added?
- Cuba ranks 140th and Latvia ranks 141st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.