Laos vs Russia: Gross value added at basic prices (GVA) (constant LCU)
Gross value added at basic prices (GVA) (constant LCU) over time
- Laos
- Russia
How they compare
Laos 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 Laos'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.
Laos ranks 16th and Russia ranks 17th of 198 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Russia in 1.
Head to head by decade
| Decade | Laos | 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 | Laos |
| 2020s | 127.62 trillion constant LCU | 88.13 trillion constant LCU | 39.50 trillion constant LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Laos or Russia?
- Laos, 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 Laos and Russia?
- 45.51 trillion constant LCU, with Laos ahead.
- How many years of comparable data are there for Laos and Russia?
- 26 years are reported by both, from 2000 to 2025.
- How do Laos and Russia rank globally for gross value added at basic prices (gva)?
- Laos ranks 16th and Russia ranks 17th of 198 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.