Mongolia vs Turkey: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Mongolia
- Turkey
How they compare
Mongolia currently reports 81.42 trillion current LCU against 55.87 trillion current LCU in Turkey, a difference of 25.55 trillion current LCU.
That makes Mongolia's figure about 1.5 times Turkey's.
Across all 45 years both countries report, Mongolia has been ahead every year.
Globally, Mongolia ranks 29th and Turkey ranks 31st 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.