Lebanon vs Madagascar: Manufacturing, value added
Manufacturing, value added over time
- Lebanon
- Madagascar
How they compare
Lebanon currently reports 2.49 trillion constant LCU against 2.14 trillion constant LCU in Madagascar, a difference of 352.81 billion constant LCU.
That makes Lebanon's figure about 1.2 times Madagascar's.
Across all 15 years both countries report, Lebanon has been ahead every year.
Lebanon ranks 30th and Madagascar ranks 33rd of 191 countries.
Lebanon has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lebanon | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.17 trillion constant LCU | 1.48 trillion constant LCU | 2.69 trillion constant LCU | Lebanon |
| 2010s | 4.33 trillion constant LCU | 1.53 trillion constant LCU | 2.80 trillion constant LCU | Lebanon |
| 2020s | 2.58 trillion constant LCU | 1.68 trillion constant LCU | 899.29 billion constant LCU | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Lebanon or Madagascar?
- Lebanon, at 2.49 trillion constant LCU against 2.14 trillion constant LCU in Madagascar as of 2021.
- What is the difference in manufacturing, value added between Lebanon and Madagascar?
- 352.81 billion constant LCU, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Madagascar?
- 15 years are reported by both, from 2007 to 2021.
- How do Lebanon and Madagascar rank globally for manufacturing, value added?
- Lebanon ranks 30th and Madagascar ranks 33rd of 191 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.