Oman vs Venezuela: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Oman
- Venezuela
How they compare
Venezuela currently reports 46.92 billion constant LCU against 39.78 billion constant LCU in Oman, a difference of 7.14 billion constant LCU.
That makes Venezuela's figure about 1.2 times Oman's.
Across all 17 years both countries report, Venezuela has been ahead every year.
Oman ranks 147th and Venezuela ranks 145th of 198 countries.
Venezuela has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Oman | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.87 billion constant LCU | 32.51 billion constant LCU | 14.64 billion constant LCU | Venezuela |
| 2000s | 21.10 billion constant LCU | 36.95 billion constant LCU | 15.84 billion constant LCU | Venezuela |
| 2010s | 29.25 billion constant LCU | 46.41 billion constant LCU | 17.16 billion constant LCU | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Oman or Venezuela?
- Venezuela, at 46.92 billion constant LCU against 39.78 billion constant LCU in Oman as of 2014.
- What is the difference in gross value added at basic prices (gva) between Oman and Venezuela?
- 7.14 billion constant LCU, with Venezuela ahead.
- How many years of comparable data are there for Oman and Venezuela?
- 17 years are reported by both, from 1998 to 2014.
- How do Oman and Venezuela rank globally for gross value added at basic prices (gva)?
- Oman ranks 147th and Venezuela ranks 145th 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.
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.