Australia vs United Kingdom: Gross value added at basic prices (GVA)

Australia

2.60 trillion current LCU

in 2025

United Kingdom

2.74 trillion current LCU

in 2025

Australia rank

82nd

United Kingdom rank

79th

Gross value added at basic prices (GVA) over time

Australia
United Kingdom

How they compare

United Kingdom currently reports 2.74 trillion current LCU against 2.60 trillion current LCU in Australia, a difference of 140.45 billion current LCU.

That makes United Kingdom's figure about 1.1 times Australia's.

Across all 36 years both countries report, United Kingdom has been ahead every year.

Globally, Australia ranks 82nd and United Kingdom ranks 79th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 data points, 1960–2025
Last refreshed: 06 August 2026

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.