Armenia vs Serbia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Armenia
- Serbia
How they compare
Armenia currently reports 7.12 trillion constant LCU against 6.26 trillion constant LCU in Serbia, a difference of 863.85 billion constant LCU.
That makes Armenia's figure about 1.1 times Serbia's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Serbia ahead.
Globally, Armenia ranks 47th and Serbia ranks 49th of 197 countries.
Individual pages
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.