Australia vs Caribbean: Value Added (Total Manufacturing) — Value US$, 2015 prices
Value Added (Total Manufacturing) — Value US$, 2015 prices over time
- Australia
- Caribbean
How they compare
Australia currently reports 78,064 million USD against 72,304 million USD in Caribbean, a difference of 5,760 million USD.
That makes Australia's figure about 1.1 times Caribbean's.
The two have swapped places 4 times across 54 shared years of data; in 1970 it was Australia ahead.
Australia ranks 30th and Caribbean ranks 20th of 200 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Caribbean in 1.
Head to head by decade
| Decade | Australia | Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 49,759 million USD | 27,661 million USD | 22,098 million USD | Australia |
| 1980s | 57,736 million USD | 43,369 million USD | 14,367 million USD | Australia |
| 1990s | 67,191 million USD | 55,183 million USD | 12,008 million USD | Australia |
| 2000s | 80,884 million USD | 75,802 million USD | 5,082 million USD | Australia |
| 2010s | 77,753 million USD | 79,355 million USD | 1,603 million USD | Caribbean |
| 2020s | 77,392 million USD | 72,947 million USD | 4,445 million USD | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — value us$, 2015 prices, Australia or Caribbean?
- Australia, at 78,064 million USD against 72,304 million USD in Caribbean as of 2023.
- What is the difference in value added (total manufacturing) — value us$, 2015 prices between Australia and Caribbean?
- 5,760 million USD, with Australia ahead.
- How many years of comparable data are there for Australia and Caribbean?
- 54 years are reported by both, from 1970 to 2023.
- How do Australia and Caribbean rank globally for value added (total manufacturing) — value us$, 2015 prices?
- Australia ranks 30th and Caribbean ranks 20th of 200 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Total Manufacturing) — Value US$, 2015 prices. 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).