India vs Paraguay: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- India
- Paraguay
How they compare
India currently reports 294.40 trillion constant LCU against 232.45 trillion constant LCU in Paraguay, a difference of 61.95 trillion constant LCU.
That makes India's figure about 1.3 times Paraguay's.
The two have swapped places 1 time across 64 shared years of data; in 1962 it was Paraguay ahead.
India ranks 7th and Paraguay ranks 8th of 197 countries.
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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.