Somalia vs Spain: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Somalia
- Spain
How they compare
Somalia currently reports 1.67 trillion current LCU against 1.53 trillion current LCU in Spain, a difference of 138.03 billion current LCU.
That makes Somalia's figure about 1.1 times Spain's.
The two have swapped places 1 time across 21 shared years of data; in 1970 it was Spain ahead.
Somalia ranks 90th and Spain ranks 93rd of 206 countries.
Across the 3 decades both report, Somalia averaged higher in 1 and Spain in 2.
Head to head by decade
| Decade | Somalia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.18 billion current LCU | 40.37 billion current LCU | 36.18 billion current LCU | Spain |
| 1980s | 132.06 billion current LCU | 173.83 billion current LCU | 41.77 billion current LCU | Spain |
| 1990s | 1.67 trillion current LCU | 308.78 billion current LCU | 1.36 trillion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Somalia or Spain?
- Somalia, at 1.67 trillion current LCU against 1.53 trillion current LCU in Spain as of 1990.
- What is the difference in gross value added at basic prices (gva) between Somalia and Spain?
- 138.03 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Somalia and Spain?
- 21 years are reported by both, from 1970 to 1990.
- How do Somalia and Spain rank globally for gross value added at basic prices (gva)?
- Somalia ranks 90th and Spain ranks 93rd 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.