Guinea-Bissau vs Netherlands: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Guinea-Bissau
- Netherlands
How they compare
Guinea-Bissau currently reports 1.02 trillion constant LCU against 838.14 billion constant LCU in Netherlands, a difference of 186.51 billion constant LCU.
That makes Guinea-Bissau's figure about 1.2 times Netherlands's.
The two have swapped places 1 time across 29 shared years of data; in 1997 it was Netherlands ahead.
Globally, Guinea-Bissau ranks 84th and Netherlands ranks 87th 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.