Laos vs Nigeria: Gross value added at basic prices (GVA)

Laos
334.35 trillion current LCU
in 2025
Nigeria
431.18 trillion current LCU
in 2025
Laos rank
12th
Nigeria rank
10th

Gross value added at basic prices (GVA) over time

  • Laos
  • Nigeria
0100.0T200.0T300.0T400.0T198120032025

How they compare

Nigeria currently reports 431.18 trillion current LCU against 334.35 trillion current LCU in Laos, a difference of 96.83 trillion current LCU.

That makes Nigeria's figure about 1.3 times Laos's.

The two have swapped places 5 times across 37 shared years of data; in 1989 it was Laos ahead.

Laos ranks 12th and Nigeria ranks 10th of 206 countries.

Across the 5 decades both report, Laos averaged higher in 2 and Nigeria in 3.

Head to head by decade

Decade Laos Nigeria Difference Ahead
1980s 416.50 billion current LCU 410.77 billion current LCU 5.73 billion current LCU Laos
1990s 2.38 trillion current LCU 2.66 trillion current LCU 284.88 billion current LCU Nigeria
2000s 28.02 trillion current LCU 22.77 trillion current LCU 5.25 trillion current LCU Laos
2010s 99.91 trillion current LCU 99.99 trillion current LCU 74.74 billion current LCU Nigeria
2020s 232.73 trillion current LCU 304.83 trillion current LCU 72.10 trillion current LCU Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Laos or Nigeria?
Nigeria, at 431.18 trillion current LCU against 334.35 trillion current LCU in Laos as of 2025.
What is the difference in gross value added at basic prices (gva) between Laos and Nigeria?
96.83 trillion current LCU, with Nigeria ahead.
How many years of comparable data are there for Laos and Nigeria?
37 years are reported by both, from 1989 to 2025.
How do Laos and Nigeria rank globally for gross value added at basic prices (gva)?
Laos ranks 12th and Nigeria ranks 10th 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

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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.