India vs Russia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Russia
How they compare
India currently reports 3.59 trillion current US$ against 2.35 trillion current US$ in Russia, a difference of 1.24 trillion current US$.
That makes India's figure about 1.5 times Russia's.
The two have swapped places 5 times across 37 shared years of data; in 1989 it was Russia ahead.
Globally, India ranks 5th and Russia ranks 7th of 206 countries.
Individual pages
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 indicator is expressed in United States dollars.