Laos vs Nigeria: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Laos
- Nigeria
How they compare
Nigeria currently reports 431.18 trillion current LCU against 334.35 trillion current LCU in Laos, a difference of 96.83 trillion current LCU.
That makes Nigeria's figure about 1.3 times Laos's.
The two have swapped places 5 times across 37 shared years of data; in 1989 it was Laos ahead.
Globally, Laos ranks 12th and Nigeria ranks 10th 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.