Bhutan vs Libya: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Bhutan
- Libya
How they compare
Bhutan currently reports 272.56 billion current LCU against 259.41 billion current LCU in Libya, a difference of 13.15 billion current LCU.
That makes Bhutan's figure about 1.1 times Libya's.
The two have swapped places 4 times across 23 shared years of data; in 2002 it was Bhutan ahead.
Bhutan ranks 123rd and Libya ranks 126th of 206 countries.
Across the 3 decades both report, Bhutan averaged higher in 2 and Libya in 1.
Head to head by decade
| Decade | Bhutan | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 41.32 billion current LCU | 68.87 billion current LCU | 27.55 billion current LCU | Libya |
| 2010s | 127.50 billion current LCU | 96.60 billion current LCU | 30.90 billion current LCU | Bhutan |
| 2020s | 222.85 billion current LCU | 185.76 billion current LCU | 37.09 billion current LCU | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Bhutan or Libya?
- Bhutan, at 272.56 billion current LCU against 259.41 billion current LCU in Libya as of 2024.
- What is the difference in gross value added at basic prices (gva) between Bhutan and Libya?
- 13.15 billion current LCU, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Libya?
- 23 years are reported by both, from 2002 to 2024.
- How do Bhutan and Libya rank globally for gross value added at basic prices (gva)?
- Bhutan ranks 123rd and Libya ranks 126th 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.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.