Kuwait vs Venezuela: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Kuwait
- Venezuela
How they compare
Venezuela currently reports 46.92 billion constant LCU against 46.31 billion constant LCU in Kuwait, a difference of 603.50 million constant LCU.
Across all 5 years both countries report, Venezuela has been ahead every year.
Kuwait ranks 146th and Venezuela ranks 145th of 197 countries.
Venezuela has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Kuwait or Venezuela?
- Venezuela, at 46.92 billion constant LCU against 46.31 billion constant LCU in Kuwait as of 2014.
- What is the difference in gross value added at basic prices (gva) between Kuwait and Venezuela?
- 603.50 million constant LCU, with Venezuela ahead.
- How many years of comparable data are there for Kuwait and Venezuela?
- 5 years are reported by both, from 2010 to 2014.
- How do Kuwait and Venezuela rank globally for gross value added at basic prices (gva)?
- Kuwait ranks 146th and Venezuela ranks 145th 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.