Australia vs Europe & Central Asia (excluding high income): Manufacturing, value added
Manufacturing, value added over time
- Australia
- Europe & Central Asia (excluding high income)
How they compare
Europe & Central Asia (excluding high income) currently reports 384.91 billion current US$ against 95.63 billion current US$ in Australia, a difference of 289.28 billion current US$.
That makes Europe & Central Asia (excluding high income)'s figure about 4.0 times Australia's.
Across all 35 years both countries report, Europe & Central Asia (excluding high income) has been ahead every year.
Australia ranks 28th and Europe & Central Asia (excluding high income) ranks 30th of 205 countries.
Europe & Central Asia (excluding high income) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 45.43 billion current US$ | 90.75 billion current US$ | 45.32 billion current US$ | Europe & Central Asia (excluding high income) |
| 2000s | 64.08 billion current US$ | 133.49 billion current US$ | 69.41 billion current US$ | Europe & Central Asia (excluding high income) |
| 2010s | 88.10 billion current US$ | 243.85 billion current US$ | 155.75 billion current US$ | Europe & Central Asia (excluding high income) |
| 2020s | 86.74 billion current US$ | 329.63 billion current US$ | 242.90 billion current US$ | Europe & Central Asia (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Australia or Europe & Central Asia (excluding high income)?
- Europe & Central Asia (excluding high income), at 384.91 billion current US$ against 95.63 billion current US$ in Australia as of 2024.
- What is the difference in manufacturing, value added between Australia and Europe & Central Asia (excluding high income)?
- 289.28 billion current US$, with Europe & Central Asia (excluding high income) ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia (excluding high income)?
- 35 years are reported by both, from 1990 to 2024.
- How do Australia and Europe & Central Asia (excluding high income) rank globally for manufacturing, value added?
- Australia ranks 28th and Europe & Central Asia (excluding high income) ranks 30th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.