Georgia vs Luxembourg: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Georgia
- Luxembourg
How they compare
Georgia currently reports 65.43 billion constant LCU against 62.21 billion constant LCU in Luxembourg, a difference of 3.22 billion constant LCU.
That makes Georgia's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 23 shared years of data; in 2003 it was Luxembourg ahead.
Globally, Georgia ranks 138th and Luxembourg ranks 140th 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.