Philippines vs Rwanda: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Philippines
- Rwanda
How they compare
Philippines currently reports 23.23 trillion constant LCU against 20.61 trillion constant LCU in Rwanda, a difference of 2.62 trillion constant LCU.
That makes Philippines's figure about 1.1 times Rwanda's.
Across all 43 years both countries report, Philippines has been ahead every year.
Globally, Philippines ranks 29th and Rwanda ranks 31st 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.