India vs Japan: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Japan
How they compare
Japan currently reports 4.72 trillion constant 2015 US$ against 3.37 trillion constant 2015 US$ in India, a difference of 1.35 trillion constant 2015 US$.
That makes Japan's figure about 1.4 times India's.
Across all 55 years both countries report, Japan has been ahead every year.
India ranks 2nd and Japan ranks 1st of 192 countries.
Japan has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 209.64 billion constant 2015 US$ | 1.91 trillion constant 2015 US$ | 1.70 trillion constant 2015 US$ | Japan |
| 1980s | 316.01 billion constant 2015 US$ | 2.82 trillion constant 2015 US$ | 2.50 trillion constant 2015 US$ | Japan |
| 1990s | 539.99 billion constant 2015 US$ | 3.84 trillion constant 2015 US$ | 3.30 trillion constant 2015 US$ | Japan |
| 2000s | 992.19 billion constant 2015 US$ | 4.22 trillion constant 2015 US$ | 3.22 trillion constant 2015 US$ | Japan |
| 2010s | 1.88 trillion constant 2015 US$ | 4.46 trillion constant 2015 US$ | 2.58 trillion constant 2015 US$ | Japan |
| 2020s | 2.73 trillion constant 2015 US$ | 4.65 trillion constant 2015 US$ | 1.92 trillion constant 2015 US$ | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), India or Japan?
- Japan, at 4.72 trillion constant 2015 US$ against 3.37 trillion constant 2015 US$ in India as of 2024.
- What is the difference in gross value added at basic prices (gva) between India and Japan?
- 1.35 trillion constant 2015 US$, with Japan ahead.
- How many years of comparable data are there for India and Japan?
- 55 years are reported by both, from 1970 to 2024.
- How do India and Japan rank globally for gross value added at basic prices (gva)?
- India ranks 2nd and Japan ranks 1st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 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.