Georgia vs Papua New Guinea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Georgia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 68.71 billion constant LCU against 65.43 billion constant LCU in Georgia, a difference of 3.28 billion constant LCU.
That makes Papua New Guinea's figure about 1.1 times Georgia's.
The two have swapped places 1 time across 21 shared years of data; in 2003 it was Georgia ahead.
Georgia ranks 138th and Papua New Guinea ranks 136th of 196 countries.
Papua New Guinea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.52 billion constant LCU | 26.29 billion constant LCU | 4.77 billion constant LCU | Papua New Guinea |
| 2010s | 34.96 billion constant LCU | 52.42 billion constant LCU | 17.46 billion constant LCU | Papua New Guinea |
| 2020s | 50.93 billion constant LCU | 64.06 billion constant LCU | 13.13 billion constant LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Georgia or Papua New Guinea?
- Papua New Guinea, at 68.71 billion constant LCU against 65.43 billion constant LCU in Georgia as of 2024.
- What is the difference in gross value added at basic prices (gva) between Georgia and Papua New Guinea?
- 3.28 billion constant LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Georgia and Papua New Guinea?
- 21 years are reported by both, from 2003 to 2024.
- How do Georgia and Papua New Guinea rank globally for gross value added at basic prices (gva)?
- Georgia ranks 138th and Papua New Guinea ranks 136th 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.