Kiribati vs Marshall Islands, Republic of the: Gross value added at basic prices (GVA)

Kiribati
378.20 million constant LCU
in 2024
Marshall Islands, Republic of the
211.17 million constant LCU
in 2024
Kiribati rank
194th
Marshall Islands, Republic of the rank
197th

Gross value added at basic prices (GVA) over time

  • Kiribati
  • Marshall Islands, Republic of the
100.0M200.0M300.0M400.0M197920012024

How they compare

Kiribati currently reports 378.20 million constant LCU against 211.17 million constant LCU in Marshall Islands, Republic of the, a difference of 167.03 million constant LCU.

That makes Kiribati's figure about 1.8 times Marshall Islands, Republic of the's.

Across all 28 years both countries report, Kiribati has been ahead every year.

Kiribati ranks 194th and Marshall Islands, Republic of the ranks 197th of 197 countries.

Kiribati has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Kiribati Marshall Islands, Republic of the Difference Ahead
1990s 184.02 million constant LCU 135.74 million constant LCU 48.29 million constant LCU Kiribati
2000s 188.10 million constant LCU 155.39 million constant LCU 32.72 million constant LCU Kiribati
2010s 252.56 million constant LCU 181.63 million constant LCU 70.93 million constant LCU Kiribati
2020s 344.11 million constant LCU 212.82 million constant LCU 131.29 million constant LCU Kiribati

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Kiribati or Marshall Islands, Republic of the?
Kiribati, at 378.20 million constant LCU against 211.17 million constant LCU in Marshall Islands, Republic of the as of 2024.
What is the difference in gross value added at basic prices (gva) between Kiribati and Marshall Islands, Republic of the?
167.03 million constant LCU, with Kiribati ahead.
How many years of comparable data are there for Kiribati and Marshall Islands, Republic of the?
28 years are reported by both, from 1997 to 2024.
How do Kiribati and Marshall Islands, Republic of the rank globally for gross value added at basic prices (gva)?
Kiribati ranks 194th and Marshall Islands, Republic of the ranks 197th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kiribati vs Marshall Islands, Republic of the: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 18 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu/kiribati/marshall-islands/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 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 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.