Albania vs Turkey: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Albania
- Turkey
How they compare
Turkey currently reports 2.14 trillion constant LCU against 1.83 trillion constant LCU in Albania, a difference of 314.32 billion constant LCU.
That makes Turkey's figure about 1.2 times Albania's.
The two have swapped places 5 times across 46 shared years of data; in 1980 it was Albania ahead.
Globally, Albania ranks 74th and Turkey ranks 73rd of 197 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 varies by country. This series is expressed in local currency units.