Norway vs Small states: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Norway
- Small states
How they compare
Norway currently reports 422.33 billion constant 2015 US$ against 247.79 billion constant 2015 US$ in Small states, a difference of 174.53 billion constant 2015 US$.
That makes Norway's figure about 1.7 times Small states's.
Across all 31 years both countries report, Norway has been ahead every year.
Norway ranks 31st and Small states ranks 31st of 192 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Norway | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 252.71 billion constant 2015 US$ | 102.30 billion constant 2015 US$ | 150.40 billion constant 2015 US$ | Norway |
| 2000s | 304.39 billion constant 2015 US$ | 139.35 billion constant 2015 US$ | 165.03 billion constant 2015 US$ | Norway |
| 2010s | 354.29 billion constant 2015 US$ | 174.32 billion constant 2015 US$ | 179.98 billion constant 2015 US$ | Norway |
| 2020s | 405.22 billion constant 2015 US$ | 215.05 billion constant 2015 US$ | 190.17 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 Small states?
- Norway, at 422.33 billion constant 2015 US$ against 247.79 billion constant 2015 US$ in Small states as of 2025.
- What is the difference in gross value added at basic prices (gva) between Norway and Small states?
- 174.53 billion constant 2015 US$, with Norway ahead.
- How many years of comparable data are there for Norway and Small states?
- 31 years are reported by both, from 1995 to 2025.
- How do Norway and Small states rank globally for gross value added at basic prices (gva)?
- Norway ranks 31st and Small states ranks 31st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.