Australia vs United Kingdom: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Australia
- United Kingdom
How they compare
United Kingdom currently reports 2.74 trillion current LCU against 2.60 trillion current LCU in Australia, a difference of 140.45 billion current LCU.
That makes United Kingdom's figure about 1.1 times Australia's.
Across all 36 years both countries report, United Kingdom has been ahead every year.
Australia ranks 82nd and United Kingdom ranks 79th of 206 countries.
United Kingdom has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 456.49 billion current LCU | 732.25 billion current LCU | 275.76 billion current LCU | United Kingdom |
| 2000s | 852.79 billion current LCU | 1.23 trillion current LCU | 377.05 billion current LCU | United Kingdom |
| 2010s | 1.52 trillion current LCU | 1.71 trillion current LCU | 192.84 billion current LCU | United Kingdom |
| 2020s | 2.26 trillion current LCU | 2.36 trillion current LCU | 107.69 billion current LCU | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Australia or United Kingdom?
- United Kingdom, at 2.74 trillion current LCU against 2.60 trillion current LCU in Australia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Australia and United Kingdom?
- 140.45 billion current LCU, with United Kingdom ahead.
- How many years of comparable data are there for Australia and United Kingdom?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and United Kingdom rank globally for gross value added at basic prices (gva)?
- Australia ranks 82nd and United Kingdom ranks 79th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.