Israel vs Singapore: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Israel
- Singapore
How they compare
Singapore currently reports 569.37 billion current US$ against 495.42 billion current US$ in Israel, a difference of 73.95 billion current US$.
That makes Singapore's figure about 1.1 times Israel's.
The two have swapped places 5 times across 30 shared years of data; in 1995 it was Israel ahead.
Globally, Israel ranks 29th and Singapore ranks 26th 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 indicator is expressed in United States dollars.