Greece vs Nicaragua: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Greece
- Nicaragua
How they compare
Nicaragua currently reports 197.84 billion constant LCU against 176.23 billion constant LCU in Greece, a difference of 21.61 billion constant LCU.
That makes Nicaragua's figure about 1.1 times Greece's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Nicaragua ahead.
Globally, Greece ranks 121st and Nicaragua ranks 118th 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.