Georgia vs Papua New Guinea: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Georgia
- Papua New Guinea
How they compare
Papua New Guinea currently reports 113.36 billion current LCU against 91.76 billion current LCU in Georgia, a difference of 21.60 billion current LCU.
That makes Papua New Guinea's figure about 1.2 times Georgia's.
Across all 41 years both countries report, Papua New Guinea has been ahead every year.
Georgia ranks 147th and Papua New Guinea ranks 144th of 205 countries.
Papua New Guinea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Georgia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12,550 current LCU | 2.18 billion current LCU | 2.18 billion current LCU | Papua New Guinea |
| 1990s | 2.60 billion current LCU | 5.61 billion current LCU | 3.01 billion current LCU | Papua New Guinea |
| 2000s | 10.51 billion current LCU | 18.65 billion current LCU | 8.13 billion current LCU | Papua New Guinea |
| 2010s | 30.29 billion current LCU | 56.73 billion current LCU | 26.44 billion current LCU | Papua New Guinea |
| 2020s | 62.20 billion current LCU | 98.51 billion current LCU | 36.31 billion current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Georgia or Papua New Guinea?
- Papua New Guinea, at 113.36 billion current LCU against 91.76 billion current LCU in Georgia as of 2024.
- What is the difference in gross value added at basic prices (gva) between Georgia and Papua New Guinea?
- 21.60 billion current LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Georgia and Papua New Guinea?
- 41 years are reported by both, from 1980 to 2024.
- How do Georgia and Papua New Guinea rank globally for gross value added at basic prices (gva)?
- Georgia ranks 147th and Papua New Guinea ranks 144th of 205 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.