Grenada vs Montenegro: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Grenada
- Montenegro
How they compare
Montenegro currently reports 3.89 billion constant LCU against 2.23 billion constant LCU in Grenada, a difference of 1.66 billion constant LCU.
That makes Montenegro's figure about 1.7 times Grenada's.
Across all 26 years both countries report, Montenegro has been ahead every year.
Globally, Grenada ranks 185th and Montenegro ranks 182nd 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.