Hungary vs Lebanon: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Hungary
- Lebanon
How they compare
Hungary currently reports 46.63 trillion constant LCU against 39.13 trillion constant LCU in Lebanon, a difference of 7.50 trillion constant LCU.
That makes Hungary's figure about 1.2 times Lebanon's.
The two have swapped places 2 times across 34 shared years of data; in 1991 it was Hungary ahead.
Globally, Hungary ranks 21st and Lebanon ranks 24th 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.