Rwanda vs Thailand: Gross value added at basic prices (GVA)

Rwanda
22.14 trillion current LCU
in 2025
Thailand
18.97 trillion current LCU
in 2025
Rwanda rank
42nd
Thailand rank
44th

Gross value added at basic prices (GVA) over time

  • Rwanda
  • Thailand
05.0T10.0T15.0T20.0T196019922025

How they compare

Rwanda currently reports 22.14 trillion current LCU against 18.97 trillion current LCU in Thailand, a difference of 3.17 trillion current LCU.

That makes Rwanda's figure about 1.2 times Thailand's.

The two have swapped places 1 time across 61 shared years of data; in 1965 it was Thailand ahead.

Rwanda ranks 42nd and Thailand ranks 44th of 207 countries.

Thailand has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Rwanda Thailand Difference Ahead
1960s 14.08 billion current LCU 116.83 billion current LCU 102.75 billion current LCU Thailand
1970s 48.35 billion current LCU 307.26 billion current LCU 258.91 billion current LCU Thailand
1980s 155.42 billion current LCU 1.11 trillion current LCU 952.58 billion current LCU Thailand
1990s 377.86 billion current LCU 3.75 trillion current LCU 3.38 trillion current LCU Thailand
2000s 1.52 trillion current LCU 7.39 trillion current LCU 5.87 trillion current LCU Thailand
2010s 5.57 trillion current LCU 13.77 trillion current LCU 8.20 trillion current LCU Thailand
2020s 15.06 trillion current LCU 17.48 trillion current LCU 2.41 trillion current LCU Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Rwanda or Thailand?
Rwanda, at 22.14 trillion current LCU against 18.97 trillion current LCU in Thailand as of 2025.
What is the difference in gross value added at basic prices (gva) between Rwanda and Thailand?
3.17 trillion current LCU, with Rwanda ahead.
How many years of comparable data are there for Rwanda and Thailand?
61 years are reported by both, from 1965 to 2025.
How do Rwanda and Thailand rank globally for gross value added at basic prices (gva)?
Rwanda ranks 42nd and Thailand ranks 44th of 207 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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Rwanda vs Thailand: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu/rwanda/thailand/

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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
208 places, 9,173 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.