Guinea vs Tanzania: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Guinea
- Tanzania
How they compare
Tanzania currently reports 144.55 trillion constant LCU against 88.48 trillion constant LCU in Guinea, a difference of 56.07 trillion constant LCU.
That makes Tanzania's figure about 1.6 times Guinea's.
Across all 36 years both countries report, Tanzania has been ahead every year.
Globally, Guinea ranks 18th and Tanzania ranks 15th 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.