Marshall Islands vs Palau: Gross domestic income
Gross domestic income over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 255.49 million constant LCU against 220.56 million constant LCU in Marshall Islands, a difference of 34.93 million constant LCU.
That makes Palau's figure about 1.2 times Marshall Islands's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Palau ahead.
Marshall Islands ranks 179th and Palau ranks 178th of 179 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 169.87 million constant LCU | 267.45 million constant LCU | 97.58 million constant LCU | Palau |
| 2010s | 196.49 million constant LCU | 269.36 million constant LCU | 72.87 million constant LCU | Palau |
| 2020s | 231.37 million constant LCU | 242.27 million constant LCU | 10.90 million constant LCU | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Marshall Islands or Palau?
- Palau, at 255.49 million constant LCU against 220.56 million constant LCU in Marshall Islands as of 2024.
- What is the difference in gross domestic income between Marshall Islands and Palau?
- 34.93 million constant LCU, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Marshall Islands and Palau rank globally for gross domestic income?
- Marshall Islands ranks 179th and Palau ranks 178th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.