Least developed countries vs Thailand: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Least developed countries
- Thailand
How they compare
Least developed countries currently reports 1.29 trillion constant 2015 US$ against 485.78 billion constant 2015 US$ in Thailand, a difference of 804.49 billion constant 2015 US$.
That makes Least developed countries's figure about 2.7 times Thailand's.
Across all 36 years both countries report, Least developed countries has been ahead every year.
Least developed countries ranks 25th and Thailand ranks 25th of 33 countries.
Least developed countries has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Least developed countries | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 330.72 billion constant 2015 US$ | 192.36 billion constant 2015 US$ | 138.37 billion constant 2015 US$ | Least developed countries |
| 2000s | 524.04 billion constant 2015 US$ | 279.02 billion constant 2015 US$ | 245.03 billion constant 2015 US$ | Least developed countries |
| 2010s | 882.05 billion constant 2015 US$ | 400.62 billion constant 2015 US$ | 481.43 billion constant 2015 US$ | Least developed countries |
| 2020s | 1.17 trillion constant 2015 US$ | 457.03 billion constant 2015 US$ | 713.25 billion constant 2015 US$ | Least developed countries |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Least developed countries or Thailand?
- Least developed countries, at 1.29 trillion constant 2015 US$ against 485.78 billion constant 2015 US$ in Thailand as of 2025.
- What is the difference in gross value added at basic prices (gva) between Least developed countries and Thailand?
- 804.49 billion constant 2015 US$, with Least developed countries ahead.
- How many years of comparable data are there for Least developed countries and Thailand?
- 36 years are reported by both, from 1990 to 2025.
- How do Least developed countries and Thailand rank globally for gross value added at basic prices (gva)?
- Least developed countries ranks 25th and Thailand ranks 25th of 33 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.