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$.
That makes Lower middle income's figure about 3.0 times Russia's.
Across all 37 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 10th and Russia ranks 7th of 38 groups.
Lower middle income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Lower middle income | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 604.03 billion current US$ | 470.12 billion current US$ | 133.92 billion current US$ | Lower middle income |
| 1990s | 827.04 billion current US$ | 371.11 billion current US$ | 455.93 billion current US$ | Lower middle income |
| 2000s | 1.75 trillion current US$ | 680.03 billion current US$ | 1.07 trillion current US$ | Lower middle income |
| 2010s | 4.45 trillion current US$ | 1.56 trillion current US$ | 2.89 trillion current US$ | Lower middle income |
| 2020s | 6.35 trillion current US$ | 1.88 trillion current US$ | 4.47 trillion current US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Lower middle income or Russia?
- Lower middle income, at 7.04 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 Lower middle income and Russia?
- 4.69 trillion current US$, with Lower middle income ahead.
- How many years of comparable data are there for Lower middle income and Russia?
- 37 years are reported by both, from 1989 to 2025.
- How do Lower middle income and Russia rank globally for gross value added at basic prices (gva)?
- Lower middle income ranks 10th and Russia ranks 7th of 38 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.