Thailand vs United States: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Thailand
- United States
How they compare
United States currently reports 22.49 trillion current LCU against 18.97 trillion current LCU in Thailand, a difference of 3.51 trillion current LCU.
That makes United States's figure about 1.2 times Thailand's.
Across all 52 years both countries report, United States has been ahead every year.
Thailand ranks 44th and United States ranks 41st of 206 countries.
United States has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Thailand | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 307.26 billion current LCU | 1.58 trillion current LCU | 1.28 trillion current LCU | United States |
| 1980s | 1.11 trillion current LCU | 3.90 trillion current LCU | 2.79 trillion current LCU | United States |
| 1990s | 3.75 trillion current LCU | 7.14 trillion current LCU | 3.39 trillion current LCU | United States |
| 2000s | 7.39 trillion current LCU | 12.16 trillion current LCU | 4.76 trillion current LCU | United States |
| 2010s | 13.77 trillion current LCU | 17.31 trillion current LCU | 3.54 trillion current LCU | United States |
| 2020s | 15.92 trillion current LCU | 21.41 trillion current LCU | 5.50 trillion current LCU | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Thailand or United States?
- United States, at 22.49 trillion current LCU against 18.97 trillion current LCU in Thailand as of 2021.
- What is the difference in gross value added at basic prices (gva) between Thailand and United States?
- 3.51 trillion current LCU, with United States ahead.
- How many years of comparable data are there for Thailand and United States?
- 52 years are reported by both, from 1970 to 2021.
- How do Thailand and United States rank globally for gross value added at basic prices (gva)?
- Thailand ranks 44th and United States ranks 41st 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.