Norway vs Singapore: Gross value added at basic prices (GVA)

Norway
422.33 billion constant 2015 US$
in 2025
Singapore
409.51 billion constant 2015 US$
in 2025
Norway rank
31st
Singapore rank
32nd

Gross value added at basic prices (GVA) over time

  • Norway
  • Singapore
0100.0B200.0B300.0B400.0B196019922025

How they compare

Norway currently reports 422.33 billion constant 2015 US$ against 409.51 billion constant 2015 US$ in Singapore, a difference of 12.81 billion constant 2015 US$.

Across all 56 years both countries report, Norway has been ahead every year.

Norway ranks 31st and Singapore ranks 32nd of 193 countries.

Norway has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Norway Singapore Difference Ahead
1970s 114.93 billion constant 2015 US$ 20.27 billion constant 2015 US$ 94.66 billion constant 2015 US$ Norway
1980s 168.74 billion constant 2015 US$ 43.14 billion constant 2015 US$ 125.60 billion constant 2015 US$ Norway
1990s 230.43 billion constant 2015 US$ 93.14 billion constant 2015 US$ 137.29 billion constant 2015 US$ Norway
2000s 304.39 billion constant 2015 US$ 162.76 billion constant 2015 US$ 141.62 billion constant 2015 US$ Norway
2010s 354.29 billion constant 2015 US$ 284.58 billion constant 2015 US$ 69.72 billion constant 2015 US$ Norway
2020s 405.22 billion constant 2015 US$ 367.07 billion constant 2015 US$ 38.15 billion constant 2015 US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Norway or Singapore?
Norway, at 422.33 billion constant 2015 US$ against 409.51 billion constant 2015 US$ in Singapore as of 2025.
What is the difference in gross value added at basic prices (gva) between Norway and Singapore?
12.81 billion constant 2015 US$, with Norway ahead.
How many years of comparable data are there for Norway and Singapore?
56 years are reported by both, from 1970 to 2025.
How do Norway and Singapore rank globally for gross value added at basic prices (gva)?
Norway ranks 31st and Singapore ranks 32nd of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Singapore: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us/norway/singapore/

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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
227 places, 9,771 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.