Statizoid

Kuwait vs Venezuela: Gross value added at basic prices (GVA)

Kuwait
46.31 billion constant LCU
in 2025
Venezuela
46.92 billion constant LCU
in 2014
Kuwait rank
146th
Venezuela rank
145th

Gross value added at basic prices (GVA) over time

  • Kuwait
  • Venezuela
10.0B20.0B30.0B40.0B50.0B196019922025

How they compare

Venezuela currently reports 46.92 billion constant LCU against 46.31 billion constant LCU in Kuwait, a difference of 603.50 million constant LCU.

Across all 5 years both countries report, Venezuela has been ahead every year.

Globally, Kuwait ranks 146th and Venezuela ranks 145th of 197 countries.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

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.