Australia vs Europe & Central Asia: 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
How they compare
Australia currently reports 0.8814 constant 2015 US$ per US$ of GDP against 0.6875 constant 2015 US$ per US$ of GDP in Europe & Central Asia, a difference of 0.1939 constant 2015 US$ per US$ of GDP.
That makes Australia's figure about 1.3 times Europe & Central Asia's.
The two have swapped places 6 times across 51 shared years of data; in 1975 it was Australia ahead.
Australia ranks 32nd and Europe & Central Asia ranks 29th of 193 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Europe & Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.32 constant 2015 US$ per US$ of GDP | 3.01 constant 2015 US$ per US$ of GDP | 0.304 constant 2015 US$ per US$ of GDP | Australia |
| 1980s | 2.4 constant 2015 US$ per US$ of GDP | 2.15 constant 2015 US$ per US$ of GDP | 0.2454 constant 2015 US$ per US$ of GDP | Australia |
| 1990s | 1.82 constant 2015 US$ per US$ of GDP | 1.25 constant 2015 US$ per US$ of GDP | 0.5666 constant 2015 US$ per US$ of GDP | Australia |
| 2000s | 1.56 constant 2015 US$ per US$ of GDP | 1.05 constant 2015 US$ per US$ of GDP | 0.5128 constant 2015 US$ per US$ of GDP | Australia |
| 2010s | 0.9065 constant 2015 US$ per US$ of GDP | 0.8263 constant 2015 US$ per US$ of GDP | 0.0801 constant 2015 US$ per US$ of GDP | Australia |
| 2020s | 0.9173 constant 2015 US$ per US$ of GDP | 0.7799 constant 2015 US$ per US$ of GDP | 0.1375 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$), per unit, Australia or Europe & Central Asia?
- Australia, at 0.8814 constant 2015 US$ per US$ of GDP against 0.6875 constant 2015 US$ per US$ of GDP in Europe & Central Asia as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Australia and Europe & Central Asia?
- 0.1939 constant 2015 US$ per US$ of GDP, with Australia ahead.
- How many years of comparable data are there for Australia and Europe & Central Asia?
- 51 years are reported by both, from 1975 to 2025.
- How do Australia and Europe & Central Asia rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Australia ranks 32nd and Europe & Central Asia ranks 29th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), 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.