Singapore vs Sweden: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Singapore
- Sweden
How they compare
Sweden currently reports 599.18 billion current US$ against 569.37 billion current US$ in Singapore, a difference of 29.81 billion current US$.
That makes Sweden's figure about 1.1 times Singapore's.
The two have swapped places 2 times across 56 shared years of data; in 1970 it was Sweden ahead.
Globally, Singapore ranks 26th and Sweden ranks 23rd 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.