Sweden vs Thailand: Gross value added at basic prices (GVA)

Sweden
520.16 billion constant 2015 US$
in 2025
Thailand
485.78 billion constant 2015 US$
in 2025
Sweden rank
22nd
Thailand rank
25th

Gross value added at basic prices (GVA) over time

  • Sweden
  • Thailand
0200.0B400.0B600.0B196019922025

How they compare

Sweden currently reports 520.16 billion constant 2015 US$ against 485.78 billion constant 2015 US$ in Thailand, a difference of 34.38 billion constant 2015 US$.

That makes Sweden's figure about 1.1 times Thailand's.

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

Sweden ranks 22nd and Thailand ranks 25th of 193 countries.

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

Head to head by decade

Decade Sweden Thailand Difference Ahead
1970s 182.98 billion constant 2015 US$ 47.27 billion constant 2015 US$ 135.71 billion constant 2015 US$ Sweden
1980s 229.83 billion constant 2015 US$ 90.71 billion constant 2015 US$ 139.12 billion constant 2015 US$ Sweden
1990s 271.11 billion constant 2015 US$ 192.36 billion constant 2015 US$ 78.75 billion constant 2015 US$ Sweden
2000s 362.48 billion constant 2015 US$ 279.02 billion constant 2015 US$ 83.46 billion constant 2015 US$ Sweden
2010s 438.64 billion constant 2015 US$ 400.62 billion constant 2015 US$ 38.03 billion constant 2015 US$ Sweden
2020s 502.82 billion constant 2015 US$ 457.03 billion constant 2015 US$ 45.79 billion constant 2015 US$ Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Sweden or Thailand?
Sweden, at 520.16 billion 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 Sweden and Thailand?
34.38 billion constant 2015 US$, with Sweden ahead.
How many years of comparable data are there for Sweden and Thailand?
56 years are reported by both, from 1970 to 2025.
How do Sweden and Thailand rank globally for gross value added at basic prices (gva)?
Sweden ranks 22nd and Thailand ranks 25th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Sweden vs Thailand: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us/sweden/thailand/

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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.