Malawi vs Philippines: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Malawi
- Philippines
How they compare
Philippines currently reports 28.01 trillion current LCU against 24.29 trillion current LCU in Malawi, a difference of 3.72 trillion current LCU.
That makes Philippines's figure about 1.2 times Malawi's.
Across all 46 years both countries report, Philippines has been ahead every year.
Globally, Malawi ranks 40th and Philippines ranks 39th 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.