India vs United Kingdom: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- United Kingdom
How they compare
India currently reports 3.37 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom, a difference of 349.82 billion constant 2015 US$.
That makes India's figure about 1.1 times United Kingdom's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was United Kingdom ahead.
Globally, India ranks 2nd and United Kingdom ranks 4th 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.