Macao vs North Macedonia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Macao
- North Macedonia
How they compare
North Macedonia currently reports 452.25 billion constant LCU against 383.29 billion constant LCU in Macao, a difference of 68.95 billion constant LCU.
That makes North Macedonia's figure about 1.2 times Macao's.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was North Macedonia ahead.
Globally, Macao ranks 105th and North Macedonia ranks 102nd 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.