Mexico vs Philippines: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Mexico
- Philippines
How they compare
Mexico currently reports 24.09 trillion constant LCU against 23.23 trillion constant LCU in Philippines, a difference of 860.60 billion constant LCU.
Across all 61 years both countries report, Mexico has been ahead every year.
Globally, Mexico ranks 28th and Philippines ranks 29th 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.