Laos vs Myanmar: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Laos
- Myanmar
How they compare
Laos currently reports 140.16 trillion constant LCU against 75.47 trillion constant LCU in Myanmar, a difference of 64.70 trillion constant LCU.
That makes Laos's figure about 1.9 times Myanmar's.
Across all 26 years both countries report, Laos has been ahead every year.
Globally, Laos ranks 16th and Myanmar ranks 19th 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.