Kazakhstan vs Madagascar: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Kazakhstan
- Madagascar
How they compare
Madagascar currently reports 22.03 trillion constant LCU against 17.25 trillion constant LCU in Kazakhstan, a difference of 4.78 trillion constant LCU.
That makes Madagascar's figure about 1.3 times Kazakhstan's.
Across all 31 years both countries report, Madagascar has been ahead every year.
Globally, Kazakhstan ranks 33rd and Madagascar ranks 30th 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.