Ecuador vs Morocco: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Ecuador
- Morocco
How they compare
Morocco currently reports 126.23 billion constant 2015 US$ against 105.60 billion constant 2015 US$ in Ecuador, a difference of 20.64 billion constant 2015 US$.
That makes Morocco's figure about 1.2 times Ecuador's.
The two have swapped places 5 times across 46 shared years of data; in 1980 it was Ecuador ahead.
Globally, Ecuador ranks 60th and Morocco ranks 57th 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.