Lao People's Democratic Republic vs Trinidad and Tobago: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Lao People's Democratic Republic
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 21.06 billion constant 2015 US$ against 19.76 billion constant 2015 US$ in Lao People's Democratic Republic, a difference of 1.30 billion constant 2015 US$.
That makes Trinidad and Tobago's figure about 1.1 times Lao People's Democratic Republic's.
Across all 25 years both countries report, Trinidad and Tobago has been ahead every year.
Lao People's Democratic Republic ranks 115th and Trinidad and Tobago ranks 112th of 193 countries.
Trinidad and Tobago has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.13 billion constant 2015 US$ | 18.61 billion constant 2015 US$ | 12.48 billion constant 2015 US$ | Trinidad and Tobago |
| 2010s | 12.62 billion constant 2015 US$ | 23.88 billion constant 2015 US$ | 11.26 billion constant 2015 US$ | Trinidad and Tobago |
| 2020s | 17.64 billion constant 2015 US$ | 20.71 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Lao People's Democratic Republic or Trinidad and Tobago?
- Trinidad and Tobago, at 21.06 billion constant 2015 US$ against 19.76 billion constant 2015 US$ in Lao People's Democratic Republic as of 2024.
- What is the difference in gross value added at basic prices (gva) between Lao People's Democratic Republic and Trinidad and Tobago?
- 1.30 billion constant 2015 US$, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Trinidad and Tobago?
- 25 years are reported by both, from 2000 to 2024.
- How do Lao People's Democratic Republic and Trinidad and Tobago rank globally for gross value added at basic prices (gva)?
- Lao People's Democratic Republic ranks 115th and Trinidad and Tobago ranks 112th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). 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.