Ecuador vs Trinidad and Tobago: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Ecuador
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 146.18 billion constant LCU against 111.15 billion constant LCU in Ecuador, a difference of 35.02 billion constant LCU.
That makes Trinidad and Tobago's figure about 1.3 times Ecuador's.
Across all 41 years both countries report, Trinidad and Tobago has been ahead every year.
Ecuador ranks 127th and Trinidad and Tobago ranks 124th of 196 countries.
Trinidad and Tobago has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Ecuador | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 35.81 billion constant LCU | 68.72 billion constant LCU | 32.92 billion constant LCU | Trinidad and Tobago |
| 1990s | 43.78 billion constant LCU | 68.41 billion constant LCU | 24.62 billion constant LCU | Trinidad and Tobago |
| 2000s | 59.06 billion constant LCU | 129.17 billion constant LCU | 70.11 billion constant LCU | Trinidad and Tobago |
| 2010s | 91.86 billion constant LCU | 165.76 billion constant LCU | 73.90 billion constant LCU | Trinidad and Tobago |
| 2020s | 103.74 billion constant LCU | 143.74 billion constant LCU | 40.00 billion constant LCU | 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), Ecuador or Trinidad and Tobago?
- Trinidad and Tobago, at 146.18 billion constant LCU against 111.15 billion constant LCU in Ecuador as of 2024.
- What is the difference in gross value added at basic prices (gva) between Ecuador and Trinidad and Tobago?
- 35.02 billion constant LCU, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Ecuador and Trinidad and Tobago?
- 41 years are reported by both, from 1984 to 2024.
- How do Ecuador and Trinidad and Tobago rank globally for gross value added at basic prices (gva)?
- Ecuador ranks 127th and Trinidad and Tobago ranks 124th of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.