Macao vs Paraguay: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Macao
- Paraguay
How they compare
Macao currently reports 47.85 billion current US$ against 45.35 billion current US$ in Paraguay, a difference of 2.49 billion current US$.
That makes Macao's figure about 1.1 times Paraguay's.
The two have swapped places 5 times across 34 shared years of data; in 1991 it was Paraguay ahead.
Globally, Macao ranks 97th 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.