India vs Laos: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Laos
How they compare
Laos currently reports 334.35 trillion current LCU against 313.61 trillion current LCU in India, a difference of 20.74 trillion current LCU.
That makes Laos's figure about 1.1 times India's.
The two have swapped places 1 time across 37 shared years of data; in 1989 it was India ahead.
Globally, India ranks 14th and Laos ranks 12th of 206 countries.
Individual pages
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.