(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Micronesia: Industry value added, billion USD
For that indicator, we provide data for Micronesia from 1995 to 2018. The average value for Micronesia during that period was 0.02 billion U.S. dollars with a minimum of 0.01 billion U.S. dollars in 1997 and a maximum of 0.03 billion U.S. dollars in 2011.
The latest value from 2018 is 0.02 billion U.S. dollars. For comparison, the world average in 2018 based on 164
countries is 102555754886.98 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.