Benin vs Laos: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Benin
- Laos
How they compare
Laos currently reports 19.76 billion constant 2015 US$ against 18.73 billion constant 2015 US$ in Benin, a difference of 1.03 billion constant 2015 US$.
That makes Laos's figure about 1.1 times Benin's.
The two have swapped places 1 time across 26 shared years of data; in 2000 it was Benin ahead.
Globally, Benin ranks 116th and Laos ranks 115th 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.