Lower middle income vs Russia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Lower middle income
- Russia
How they compare
Lower middle income currently reports 7.04 trillion current US$ against 2.35 trillion current US$ in Russia, a difference of 4.69 trillion current US$.
That makes Lower middle income's figure about 3.0 times Russia's.
Across all 37 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 10th and Russia ranks 7th of 40 groups.
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.