North Macedonia vs Switzerland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- North Macedonia
- Switzerland
How they compare
North Macedonia currently reports 908.41 billion current LCU against 844.93 billion current LCU in Switzerland, a difference of 63.48 billion current LCU.
That makes North Macedonia's figure about 1.1 times Switzerland's.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Switzerland ahead.
Globally, North Macedonia ranks 103rd and Switzerland ranks 106th 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.