Netherlands vs North Macedonia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Netherlands
- North Macedonia
How they compare
Netherlands currently reports 1.06 trillion current LCU against 908.41 billion current LCU in North Macedonia, a difference of 150.42 billion current LCU.
That makes Netherlands's figure about 1.2 times North Macedonia's.
Across all 36 years both countries report, Netherlands has been ahead every year.
Globally, Netherlands ranks 100th and North Macedonia ranks 103rd 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.