India vs Japan: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Japan
How they compare
Japan currently reports 587.58 trillion constant LCU against 294.40 trillion constant LCU in India, a difference of 293.18 trillion constant LCU.
That makes Japan's figure about 2.0 times India's.
Across all 55 years both countries report, Japan has been ahead every year.
India ranks 7th and Japan ranks 6th of 197 countries.
Japan has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.29 trillion constant LCU | 238.16 trillion constant LCU | 219.87 trillion constant LCU | Japan |
| 1980s | 27.57 trillion constant LCU | 350.54 trillion constant LCU | 322.97 trillion constant LCU | Japan |
| 1990s | 47.11 trillion constant LCU | 478.53 trillion constant LCU | 431.42 trillion constant LCU | Japan |
| 2000s | 86.57 trillion constant LCU | 524.94 trillion constant LCU | 438.37 trillion constant LCU | Japan |
| 2010s | 164.45 trillion constant LCU | 555.84 trillion constant LCU | 391.39 trillion constant LCU | Japan |
| 2020s | 238.02 trillion constant LCU | 578.66 trillion constant LCU | 340.64 trillion constant LCU | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), India or Japan?
- Japan, at 587.58 trillion constant LCU against 294.40 trillion constant LCU in India as of 2024.
- What is the difference in gross value added at basic prices (gva) between India and Japan?
- 293.18 trillion constant LCU, with Japan ahead.
- How many years of comparable data are there for India and Japan?
- 55 years are reported by both, from 1970 to 2024.
- How do India and Japan rank globally for gross value added at basic prices (gva)?
- India ranks 7th and Japan ranks 6th 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.
Individual pages
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.