European Union vs Russia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- European Union
- Russia
How they compare
European Union currently reports 19.06 trillion current US$ against 2.35 trillion current US$ in Russia, a difference of 16.71 trillion current US$.
That makes European Union's figure about 8.1 times Russia's.
Across all 37 years both countries report, European Union has been ahead every year.
European Union ranks 1st and Russia ranks 7th of 3 regions.
European Union has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | European Union | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.74 trillion current US$ | 470.12 billion current US$ | 4.27 trillion current US$ | European Union |
| 1990s | 6.76 trillion current US$ | 371.11 billion current US$ | 6.39 trillion current US$ | European Union |
| 2000s | 10.28 trillion current US$ | 680.03 billion current US$ | 9.60 trillion current US$ | European Union |
| 2010s | 13.45 trillion current US$ | 1.56 trillion current US$ | 11.89 trillion current US$ | European Union |
| 2020s | 16.37 trillion current US$ | 1.88 trillion current US$ | 14.48 trillion current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), European Union or Russia?
- European Union, at 19.06 trillion current US$ against 2.35 trillion current US$ in Russia as of 2025.
- What is the difference in gross value added at basic prices (gva) between European Union and Russia?
- 16.71 trillion current US$, with European Union ahead.
- How many years of comparable data are there for European Union and Russia?
- 37 years are reported by both, from 1989 to 2025.
- How do European Union and Russia rank globally for gross value added at basic prices (gva)?
- European Union ranks 1st and Russia ranks 7th of 3 regions.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.