Ecuador vs Slovakia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Ecuador
- Slovakia
How they compare
Ecuador currently reports 111.15 billion constant LCU against 94.38 billion constant LCU in Slovakia, a difference of 16.77 billion constant LCU.
That makes Ecuador's figure about 1.2 times Slovakia's.
The two have swapped places 2 times across 33 shared years of data; in 1993 it was Ecuador ahead.
Globally, Ecuador ranks 127th and Slovakia ranks 130th 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.