Benin vs Iceland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Benin
- Iceland
How they compare
Iceland currently reports 20.77 billion constant 2015 US$ against 18.73 billion constant 2015 US$ in Benin, a difference of 2.03 billion constant 2015 US$.
That makes Iceland's figure about 1.1 times Benin's.
Across all 27 years both countries report, Iceland has been ahead every year.
Globally, Benin ranks 116th and Iceland ranks 113th of 193 countries.
Individual pages
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.