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The GVA or Gross Value Added per capita of Wales is 15,696 Euros. That is equal to $20341.23 in the US.

Q: What is the GDP of Wales?

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The GVA or Gross Value Added per capita of Wales is 15,696 Euros. That is equal to $20341.23 in the US.

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Double counting happens in accounting when a transaction is counted more than once. Double counting can be avoided by using a GVA, or gross value added, to make the GDP, or gross domestic product, estimate.

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The gross is normally figured before the VAT is added. The gross sales amount is used to determine how much the Value Added Tax will be.

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gross domestic product.

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value added equals the difference between an industry's gross output.

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