Economy > Economic structure > Value added by activity > Value added in construction per million: Countries Compared
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DEFINITION:
Gross value added is defined as output minus intermediate consumption and equals the sum of employee compensation, gross operating surplus of government and corporations, gross mixed income of unincorporated enterprises and taxes less subsidies on production and imports, except for net taxes on products. The shares of each sector are calculated by dividing the value added in each sector by total value added. Total value added is less than GDP because it excludes value-added tax (VAT) and other product taxes.
In the following analysis, tables and graphs for some industry branches are grouped together as follows: “industry” consists of mining and quarrying, manufacturing, and production and distribution of electricity, gas and water; “trade” consists of retail and wholesale trade and repair services; “real estate” covers rents for dwellings including the imputed rents of owner-occupiers; “government” includes public administration, law and order and defence. Figures expressed per million population for the same year.
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Interesting observations about Economy > Economic structure > Value added by activity > Value added in construction per million
- Iceland ranked first for economic structure > value added by activity > value added in construction per million globally in 2009.
- 2 of the top 17 countries by economic structure > value added by activity > value added in construction per million are Former British Colonies'.
- 2 of the top 13 countries by economic structure > value added by activity > value added in construction per million are Non-religious.
- 2 of the top 12 countries by economic structure > value added by activity > value added in construction per million are Southern European.
- 2 of the top 18 countries by economic structure > value added by activity > value added in construction per million are Densely populated.
- 2 of the top 20 countries by economic structure > value added by activity > value added in construction per million are Emerging markets'.
- 2 of the top 27 countries by economic structure > value added by activity > value added in construction per million are Hot countries.
- 4 of the top 29 countries by economic structure > value added by activity > value added in construction per million are East Asian and Pacific.
- 3 of the top 24 countries by economic structure > value added by activity > value added in construction per million are G7.
- 5 of the top 15 countries by economic structure > value added by activity > value added in construction per million are Western European.