Saudi Arabia vs Turkey: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Saudi Arabia
- Turkey
How they compare
Turkey currently reports 1.20 trillion constant 2015 US$ against 914.39 billion constant 2015 US$ in Saudi Arabia, a difference of 289.54 billion constant 2015 US$.
That makes Turkey's figure about 1.3 times Saudi Arabia's.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Saudi Arabia ahead.
Globally, Saudi Arabia ranks 16th and Turkey ranks 15th 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.