Georgia vs Luxembourg: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Georgia
- Luxembourg
How they compare
Georgia currently reports 91.76 billion current LCU against 81.07 billion current LCU in Luxembourg, a difference of 10.69 billion current LCU.
That makes Georgia's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 43 shared years of data; in 1980 it was Luxembourg ahead.
Globally, Georgia ranks 147th and Luxembourg ranks 150th of 206 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.