Lebanon vs Nigeria: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Lebanon
- Nigeria
How they compare
Lebanon currently reports 916.00 trillion current LCU against 431.18 trillion current LCU in Nigeria, a difference of 484.82 trillion current LCU.
That makes Lebanon's figure about 2.1 times Nigeria's.
The two have swapped places 4 times across 34 shared years of data; in 1991 it was Lebanon ahead.
Lebanon ranks 7th and Nigeria ranks 10th of 206 countries.
Across the 4 decades both report, Lebanon averaged higher in 3 and Nigeria in 1.
Head to head by decade
| Decade | Lebanon | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 16.02 trillion current LCU | 2.91 trillion current LCU | 13.12 trillion current LCU | Lebanon |
| 2000s | 30.58 trillion current LCU | 22.77 trillion current LCU | 7.81 trillion current LCU | Lebanon |
| 2010s | 67.17 trillion current LCU | 99.99 trillion current LCU | 32.82 trillion current LCU | Nigeria |
| 2020s | 521.69 trillion current LCU | 279.56 trillion current LCU | 242.13 trillion current LCU | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Lebanon or Nigeria?
- Lebanon, at 916.00 trillion current LCU against 431.18 trillion current LCU in Nigeria as of 2024.
- What is the difference in gross value added at basic prices (gva) between Lebanon and Nigeria?
- 484.82 trillion current LCU, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Nigeria?
- 34 years are reported by both, from 1991 to 2024.
- How do Lebanon and Nigeria rank globally for gross value added at basic prices (gva)?
- Lebanon ranks 7th 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
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.