Eritrea vs Palestine: Gross value added at basic prices (GVA) (constant LCU)

Eritrea
7.16 billion constant LCU
in 2009
Palestine
10.16 billion constant LCU
in 2025
Eritrea rank
170th
Palestine rank
167th

Gross value added at basic prices (GVA) (constant LCU) over time

  • Eritrea
  • Palestine
4.0B6.0B8.0B10.0B12.0B14.0B199220082025

How they compare

Palestine currently reports 10.16 billion constant LCU against 7.16 billion constant LCU in Eritrea, a difference of 3.00 billion constant LCU.

That makes Palestine's figure about 1.4 times Eritrea's.

The two have swapped places 4 times across 16 shared years of data; in 1994 it was Palestine ahead.

Eritrea ranks 170th and Palestine ranks 167th of 198 countries.

Eritrea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Eritrea Palestine Difference Ahead
1990s 5.69 billion constant LCU 5.50 billion constant LCU 187.17 million constant LCU Eritrea
2000s 7.19 billion constant LCU 6.90 billion constant LCU 289.88 million constant LCU Eritrea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Eritrea or Palestine?
Palestine, at 10.16 billion constant LCU against 7.16 billion constant LCU in Eritrea as of 2025.
What is the difference in gross value added at basic prices (gva) between Eritrea and Palestine?
3.00 billion constant LCU, with Palestine ahead.
How many years of comparable data are there for Eritrea and Palestine?
16 years are reported by both, from 1994 to 2009.
How do Eritrea and Palestine rank globally for gross value added at basic prices (gva)?
Eritrea ranks 170th and Palestine ranks 167th of 198 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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Eritrea vs Palestine: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 24 October 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu/eritrea/west-bank-and-gaza/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,364 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 varies by country. This series is expressed in local currency units.