Georgia vs Luxembourg: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Georgia
- Luxembourg
How they compare
Georgia currently reports 65.43 billion constant LCU against 62.21 billion constant LCU in Luxembourg, a difference of 3.22 billion constant LCU.
That makes Georgia's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 23 shared years of data; in 2003 it was Luxembourg ahead.
Georgia ranks 138th and Luxembourg ranks 140th of 197 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.26 billion constant LCU | 43.91 billion constant LCU | 22.65 billion constant LCU | Luxembourg |
| 2010s | 34.96 billion constant LCU | 52.91 billion constant LCU | 17.95 billion constant LCU | Luxembourg |
| 2020s | 53.35 billion constant LCU | 61.54 billion constant LCU | 8.19 billion constant LCU | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Georgia or Luxembourg?
- Georgia, at 65.43 billion constant LCU against 62.21 billion constant LCU in Luxembourg as of 2025.
- What is the difference in gross value added at basic prices (gva) between Georgia and Luxembourg?
- 3.22 billion constant LCU, with Georgia ahead.
- How many years of comparable data are there for Georgia and Luxembourg?
- 23 years are reported by both, from 2003 to 2025.
- How do Georgia and Luxembourg rank globally for gross value added at basic prices (gva)?
- Georgia ranks 138th and Luxembourg ranks 140th of 197 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.