South Korea vs Lebanon: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- South Korea
- Lebanon
How they compare
South Korea currently reports 2,477.49 trillion current LCU against 916.00 trillion current LCU in Lebanon, a difference of 1,561.49 trillion current LCU.
That makes South Korea's figure about 2.7 times Lebanon's.
Across all 34 years both countries report, South Korea has been ahead every year.
Globally, South Korea ranks 4th and Lebanon ranks 7th 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.