Ethiopia vs Iceland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Ethiopia
- Iceland
How they compare
Iceland currently reports 3.24 trillion constant LCU against 2.84 trillion constant LCU in Ethiopia, a difference of 392.85 billion constant LCU.
That makes Iceland's figure about 1.1 times Ethiopia's.
Across all 31 years both countries report, Iceland has been ahead every year.
Globally, Ethiopia ranks 64th and Iceland ranks 62nd 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.