Belgium vs Thailand: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Belgium
- Thailand
How they compare
Thailand currently reports 485.78 billion constant 2015 US$ against 484.22 billion constant 2015 US$ in Belgium, a difference of 1.56 billion constant 2015 US$.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Belgium ahead.
Globally, Belgium ranks 26th and Thailand ranks 25th of 193 countries.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.