Armenia vs Gabon: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Armenia
- Gabon
How they compare
Armenia currently reports 7.12 trillion constant LCU against 5.91 trillion constant LCU in Gabon, a difference of 1.21 trillion constant LCU.
That makes Armenia's figure about 1.2 times Gabon's.
The two have swapped places 3 times across 25 shared years of data; in 2001 it was Gabon ahead.
Globally, Armenia ranks 47th and Gabon ranks 50th 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.