Lao People’s Democratic Republic vs Russia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Lao People’s Democratic Republic
- Russia
How they compare
Lao People’s Democratic Republic currently reports 140.16 trillion constant LCU against 94.66 trillion constant LCU in Russia, a difference of 45.51 trillion constant LCU.
That makes Lao People’s Democratic Republic's figure about 1.5 times Russia's.
The two have swapped places 1 time across 26 shared years of data; in 2000 it was Russia ahead.
Lao People’s Democratic Republic ranks 16th and Russia ranks 17th of 197 countries.
Across the 3 decades both report, Lao People’s Democratic Republic averaged higher in 2 and Russia in 1.
Head to head by decade
| Decade | Lao People’s Democratic Republic | Russia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.48 trillion constant LCU | 56.95 trillion constant LCU | 13.47 trillion constant LCU | Russia |
| 2010s | 89.50 trillion constant LCU | 76.86 trillion constant LCU | 12.64 trillion constant LCU | Lao People’s Democratic Republic |
| 2020s | 127.62 trillion constant LCU | 88.13 trillion constant LCU | 39.50 trillion constant LCU | Lao People’s Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Lao People’s Democratic Republic or Russia?
- Lao People’s Democratic Republic, at 140.16 trillion constant LCU against 94.66 trillion constant LCU in Russia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Lao People’s Democratic Republic and Russia?
- 45.51 trillion constant LCU, with Lao People’s Democratic Republic ahead.
- How many years of comparable data are there for Lao People’s Democratic Republic and Russia?
- 26 years are reported by both, from 2000 to 2025.
- How do Lao People’s Democratic Republic and Russia rank globally for gross value added at basic prices (gva)?
- Lao People’s Democratic Republic ranks 16th and Russia ranks 17th 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.