Armenia vs Sweden: Value Added (Total Manufacturing) — Value Standard Local Currency
Value Added (Total Manufacturing) — Value Standard Local Currency over time
- Armenia
- Sweden
How they compare
Armenia currently reports 1.05 million million SLC against 880,750 million SLC in Sweden, a difference of 169,340 million SLC.
That makes Armenia's figure about 1.2 times Sweden's.
The two have swapped places 1 time across 33 shared years of data; in 1991 it was Sweden ahead.
Armenia ranks 51st and Sweden ranks 55th of 202 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Sweden in 3.
Head to head by decade
| Decade | Armenia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 82,210 million SLC | 346,560 million SLC | 264,350 million SLC | Sweden |
| 2000s | 255,338 million SLC | 497,044 million SLC | 241,706 million SLC | Sweden |
| 2010s | 507,436 million SLC | 571,567 million SLC | 64,131 million SLC | Sweden |
| 2020s | 889,112 million SLC | 768,726 million SLC | 120,385 million SLC | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — value standard local currency, Armenia or Sweden?
- Armenia, at 1.05 million million SLC against 880,750 million SLC in Sweden as of 2023.
- What is the difference in value added (total manufacturing) — value standard local currency between Armenia and Sweden?
- 169,340 million SLC, with Armenia ahead.
- How many years of comparable data are there for Armenia and Sweden?
- 33 years are reported by both, from 1991 to 2023.
- How do Armenia and Sweden rank globally for value added (total manufacturing) — value standard local currency?
- Armenia ranks 51st and Sweden ranks 55th of 202 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).