Australia and New Zealand vs Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$
Value Added (Total Manufacturing) — Value US$ over time
- Australia and New Zealand
- Least Developed Countries (LDCs)
How they compare
Least Developed Countries (LDCs) currently reports 206,836 million USD against 120,315 million USD in Australia and New Zealand, a difference of 86,521 million USD.
That makes Least Developed Countries (LDCs)'s figure about 1.7 times Australia and New Zealand's.
The two have swapped places 1 time across 54 shared years of data; in 1970 it was Australia and New Zealand ahead.
Australia and New Zealand ranks 22nd and Least Developed Countries (LDCs) ranks 3rd of 203 countries.
Across the 6 decades both report, Australia and New Zealand averaged higher in 4 and Least Developed Countries (LDCs) in 2.
Head to head by decade
| Decade | Australia and New Zealand | Least Developed Countries (LDCs) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21,357 million USD | 8,724 million USD | 12,633 million USD | Australia and New Zealand |
| 1980s | 40,270 million USD | 15,322 million USD | 24,948 million USD | Australia and New Zealand |
| 1990s | 56,163 million USD | 18,396 million USD | 37,767 million USD | Australia and New Zealand |
| 2000s | 80,941 million USD | 39,505 million USD | 41,436 million USD | Australia and New Zealand |
| 2010s | 108,844 million USD | 121,151 million USD | 12,307 million USD | Least Developed Countries (LDCs) |
| 2020s | 113,327 million USD | 193,315 million USD | 79,987 million USD | Least Developed Countries (LDCs) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (total manufacturing) — value us$, Australia and New Zealand or Least Developed Countries (LDCs)?
- Least Developed Countries (LDCs), at 206,836 million USD against 120,315 million USD in Australia and New Zealand as of 2023.
- What is the difference in value added (total manufacturing) — value us$ between Australia and New Zealand and Least Developed Countries (LDCs)?
- 86,521 million USD, with Least Developed Countries (LDCs) ahead.
- How many years of comparable data are there for Australia and New Zealand and Least Developed Countries (LDCs)?
- 54 years are reported by both, from 1970 to 2023.
- How do Australia and New Zealand and Least Developed Countries (LDCs) rank globally for value added (total manufacturing) — value us$?
- Australia and New Zealand ranks 22nd and Least Developed Countries (LDCs) ranks 3rd of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Total Manufacturing) — Value US$. 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).