Albania vs United Kingdom: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Albania
- United Kingdom
How they compare
United Kingdom currently reports 2.25 trillion constant LCU against 1.83 trillion constant LCU in Albania, a difference of 417.61 billion constant LCU.
That makes United Kingdom's figure about 1.2 times Albania's.
Across all 46 years both countries report, United Kingdom has been ahead every year.
Globally, Albania ranks 74th and United Kingdom ranks 71st 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.