Marshall Islands vs Palau: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 235.29 million constant LCU against 211.17 million constant LCU in Marshall Islands, a difference of 24.11 million constant LCU.
That makes Palau's figure about 1.1 times Marshall Islands's.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Marshall Islands ranks 197th and Palau ranks 196th of 197 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 | 155.39 million constant LCU | 239.82 million constant LCU | 84.44 million constant LCU | Palau |
| 2010s | 181.63 million constant LCU | 238.99 million constant LCU | 57.36 million constant LCU | Palau |
| 2020s | 212.82 million constant LCU | 220.30 million constant LCU | 7.48 million constant LCU | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Marshall Islands or Palau?
- Palau, at 235.29 million constant LCU against 211.17 million constant LCU in Marshall Islands as of 2024.
- What is the difference in gross value added at basic prices (gva) between Marshall Islands and Palau?
- 24.11 million constant LCU, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands and Palau rank globally for gross value added at basic prices (gva)?
- Marshall Islands ranks 197th and Palau ranks 196th 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.
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 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.