Australia vs Europe & Central Asia (IDA & IBRD countries): Gross value added at basic prices (GVA) (constant 2015 US$), per unit
Gross value added at basic prices (GVA) (constant 2015 US$), per unit over time
- Australia
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Australia currently reports 0.8814 constant 2015 US$ per US$ of GDP against 0.6326 constant 2015 US$ per US$ of GDP in Europe & Central Asia (IDA & IBRD countries), a difference of 0.2488 constant 2015 US$ per US$ of GDP.
That makes Australia's figure about 1.4 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 1 time across 36 shared years of data; in 1990 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Australia ranks 32nd and Europe & Central Asia (IDA & IBRD countries) ranks 31st of 193 countries.
Across the 4 decades both report, Australia averaged higher in 3 and Europe & Central Asia (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Australia | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.82 constant 2015 US$ per US$ of GDP | 1.84 constant 2015 US$ per US$ of GDP | 0.02 constant 2015 US$ per US$ of GDP | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 1.56 constant 2015 US$ per US$ of GDP | 1.3 constant 2015 US$ per US$ of GDP | 0.2595 constant 2015 US$ per US$ of GDP | Australia |
| 2010s | 0.9065 constant 2015 US$ per US$ of GDP | 0.7842 constant 2015 US$ per US$ of GDP | 0.1223 constant 2015 US$ per US$ of GDP | Australia |
| 2020s | 0.9173 constant 2015 US$ per US$ of GDP | 0.7742 constant 2015 US$ per US$ of GDP | 0.1431 constant 2015 US$ per US$ of GDP | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (constant 2015 us$), per unit, Australia or Europe & Central Asia (IDA & IBRD countries)?
- Australia, at 0.8814 constant 2015 US$ per US$ of GDP against 0.6326 constant 2015 US$ per US$ of GDP in Europe & Central Asia (IDA & IBRD countries) as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Australia and Europe & Central Asia (IDA & IBRD countries)?
- 0.2488 constant 2015 US$ per US$ of GDP, with Australia ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia (IDA & IBRD countries)?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Europe & Central Asia (IDA & IBRD countries) rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Australia ranks 32nd and Europe & Central Asia (IDA & IBRD countries) ranks 31st of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.