Latvia vs Paraguay: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Latvia
- Paraguay
How they compare
Paraguay currently reports 45.35 billion current US$ against 42.27 billion current US$ in Latvia, a difference of 3.08 billion current US$.
That makes Paraguay's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Paraguay ahead.
Globally, Latvia ranks 100th and Paraguay ranks 99th 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.