South Africa vs Sweden: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- South Africa
- Sweden
How they compare
South Africa currently reports 6.88 trillion current LCU against 5.88 trillion current LCU in Sweden, a difference of 991.98 billion current LCU.
That makes South Africa's figure about 1.2 times Sweden's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Sweden ahead.
South Africa ranks 65th and Sweden ranks 66th of 205 countries.
Across the 6 decades both report, South Africa averaged higher in 2 and Sweden in 4.
Head to head by decade
| Decade | South Africa | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 29.11 billion current LCU | 295.83 billion current LCU | 266.71 billion current LCU | Sweden |
| 1980s | 139.54 billion current LCU | 857.41 billion current LCU | 717.87 billion current LCU | Sweden |
| 1990s | 555.71 billion current LCU | 1.63 trillion current LCU | 1.08 trillion current LCU | Sweden |
| 2000s | 1.68 trillion current LCU | 2.58 trillion current LCU | 903.64 billion current LCU | Sweden |
| 2010s | 3.91 trillion current LCU | 3.70 trillion current LCU | 209.43 billion current LCU | South Africa |
| 2020s | 6.07 trillion current LCU | 5.25 trillion current LCU | 823.41 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), South Africa or Sweden?
- South Africa, at 6.88 trillion current LCU against 5.88 trillion current LCU in Sweden as of 2025.
- What is the difference in gross value added at basic prices (gva) between South Africa and Sweden?
- 991.98 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for South Africa and Sweden?
- 56 years are reported by both, from 1970 to 2025.
- How do South Africa and Sweden rank globally for gross value added at basic prices (gva)?
- South Africa ranks 65th and Sweden ranks 66th 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.
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.