Least developed countries: UN classification vs Norway: Gross value added at basic prices (GVA)

Least developed countries: UN classification
1.58 trillion current US$
in 2025
Norway
483.77 billion current US$
in 2025
Least developed countries: UN classification rank
29th
Norway rank
31st

Gross value added at basic prices (GVA) over time

  • Least developed countries: UN classification
  • Norway
0500.0B1.0T1.5T197019972025

How they compare

Least developed countries: UN classification currently reports 1.58 trillion current US$ against 483.77 billion current US$ in Norway, a difference of 1.10 trillion current US$.

That makes Least developed countries: UN classification's figure about 3.3 times Norway's.

Across all 36 years both countries report, Least developed countries: UN classification has been ahead every year.

Least developed countries: UN classification ranks 29th and Norway ranks 31st of 40 groups.

Least developed countries: UN classification has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Least developed countries: UN classification Norway Difference Ahead
1990s 178.65 billion current US$ 122.56 billion current US$ 56.09 billion current US$ Least developed countries: UN classification
2000s 354.01 billion current US$ 264.87 billion current US$ 89.14 billion current US$ Least developed countries: UN classification
2010s 906.08 billion current US$ 412.83 billion current US$ 493.24 billion current US$ Least developed countries: UN classification
2020s 1.37 trillion current US$ 463.99 billion current US$ 904.37 billion current US$ Least developed countries: UN classification

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Least developed countries: UN classification or Norway?
Least developed countries: UN classification, at 1.58 trillion current US$ against 483.77 billion current US$ in Norway as of 2025.
What is the difference in gross value added at basic prices (gva) between Least developed countries: UN classification and Norway?
1.10 trillion current US$, with Least developed countries: UN classification ahead.
How many years of comparable data are there for Least developed countries: UN classification and Norway?
36 years are reported by both, from 1990 to 2025.
How do Least developed countries: UN classification and Norway rank globally for gross value added at basic prices (gva)?
Least developed countries: UN classification ranks 29th and Norway ranks 31st of 40 groups.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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.