Japan vs United Kingdom: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Japan
- United Kingdom
How they compare
Japan currently reports 4.16 trillion current US$ against 3.61 trillion current US$ in United Kingdom, a difference of 543.65 billion current US$.
That makes Japan's figure about 1.2 times United Kingdom's.
Across all 55 years both countries report, Japan has been ahead every year.
Japan ranks 3rd and United Kingdom ranks 4th of 207 countries.
Japan has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Japan | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 579.60 billion current US$ | 224.27 billion current US$ | 355.32 billion current US$ | Japan |
| 1980s | 1.87 trillion current US$ | 567.62 billion current US$ | 1.31 trillion current US$ | Japan |
| 1990s | 4.48 trillion current US$ | 1.19 trillion current US$ | 3.29 trillion current US$ | Japan |
| 2000s | 4.78 trillion current US$ | 2.11 trillion current US$ | 2.67 trillion current US$ | Japan |
| 2010s | 5.35 trillion current US$ | 2.49 trillion current US$ | 2.86 trillion current US$ | Japan |
| 2020s | 4.66 trillion current US$ | 2.93 trillion current US$ | 1.73 trillion current US$ | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Japan or United Kingdom?
- Japan, at 4.16 trillion current US$ against 3.61 trillion current US$ in United Kingdom as of 2024.
- What is the difference in gross value added at basic prices (gva) between Japan and United Kingdom?
- 543.65 billion current US$, with Japan ahead.
- How many years of comparable data are there for Japan and United Kingdom?
- 55 years are reported by both, from 1970 to 2024.
- How do Japan and United Kingdom rank globally for gross value added at basic prices (gva)?
- Japan ranks 3rd and United Kingdom ranks 4th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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.