Canada vs Europe & Central Asia (IDA & IBRD countries): Gross value added at basic prices (GVA)

Canada
1.77 trillion constant 2015 US$
in 2025
Europe & Central Asia (IDA & IBRD countries)
4.48 trillion constant 2015 US$
in 2025
Canada rank
9th
Europe & Central Asia (IDA & IBRD countries) rank
10th

Gross value added at basic prices (GVA) over time

  • Canada
  • Europe & Central Asia (IDA & IBRD countries)
1.0T2.0T3.0T4.0T199020072025

How they compare

Europe & Central Asia (IDA & IBRD countries) currently reports 4.48 trillion constant 2015 US$ against 1.77 trillion constant 2015 US$ in Canada, a difference of 2.71 trillion constant 2015 US$.

That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 2.5 times Canada's.

Across all 29 years both countries report, Europe & Central Asia (IDA & IBRD countries) has been ahead every year.

Canada ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 10th of 194 countries.

Europe & Central Asia (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Canada Europe & Central Asia (IDA & IBRD countries) Difference Ahead
1990s 973.11 billion constant 2015 US$ 1.59 trillion constant 2015 US$ 618.16 billion constant 2015 US$ Europe & Central Asia (IDA & IBRD countries)
2000s 1.19 trillion constant 2015 US$ 2.21 trillion constant 2015 US$ 1.02 trillion constant 2015 US$ Europe & Central Asia (IDA & IBRD countries)
2010s 1.44 trillion constant 2015 US$ 3.23 trillion constant 2015 US$ 1.79 trillion constant 2015 US$ Europe & Central Asia (IDA & IBRD countries)
2020s 1.67 trillion constant 2015 US$ 4.11 trillion constant 2015 US$ 2.44 trillion constant 2015 US$ Europe & Central Asia (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Canada or Europe & Central Asia (IDA & IBRD countries)?
Europe & Central Asia (IDA & IBRD countries), at 4.48 trillion constant 2015 US$ against 1.77 trillion constant 2015 US$ in Canada as of 2025.
What is the difference in gross value added at basic prices (gva) between Canada and Europe & Central Asia (IDA & IBRD countries)?
2.71 trillion constant 2015 US$, with Europe & Central Asia (IDA & IBRD countries) ahead.
How many years of comparable data are there for Canada and Europe & Central Asia (IDA & IBRD countries)?
29 years are reported by both, from 1997 to 2025.
How do Canada and Europe & Central Asia (IDA & IBRD countries) rank globally for gross value added at basic prices (gva)?
Canada ranks 9th and Europe & Central Asia (IDA & IBRD countries) ranks 10th of 194 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Europe & Central Asia (IDA & IBRD countries): Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us/canada/europe-and-central-asia-ida-and-ibrd-countries/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 9,789 data points, 1960–2025
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.