Iran vs Latin America & the Caribbean (IDA & IBRD countries): Manufacturing, value added
Manufacturing, value added over time
- Iran
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Iran currently reports 20.6% against 16.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.7%.
That makes Iran's figure about 1.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 3 times across 60 shared years of data; in 1965 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Iran ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 14th of 205 countries.
Across the 7 decades both report, Iran averaged higher in 1 and Latin America & the Caribbean (IDA & IBRD countries) in 6.
Head to head by decade
| Decade | Iran | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11.7% | 50.1% | 38.4% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | 10.0% | 42.9% | 32.9% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 10.0% | 28.9% | 19.0% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 15.8% | 22.2% | 6.3% | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 14.9% | 18.9% | 4.1% | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 15.0% | 16.2% | 1.2% | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 22.1% | 17.8% | 4.3% | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Iran or Latin America & the Caribbean (IDA & IBRD countries)?
- Iran, at 20.6% against 16.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in manufacturing, value added between Iran and Latin America & the Caribbean (IDA & IBRD countries)?
- 3.7%, with Iran ahead.
- How many years of comparable data are there for Iran and Latin America & the Caribbean (IDA & IBRD countries)?
- 60 years are reported by both, from 1965 to 2024.
- How do Iran and Latin America & the Caribbean (IDA & IBRD countries) rank globally for manufacturing, value added?
- Iran ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 14th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.