Iceland vs Marshall Islands: Gross value added at basic prices (GVA) (current LCU), annual growth

Iceland
9.45 % change on previous year
in 2025
Marshall Islands
9.57 % change on previous year
in 2024
Iceland rank
67th
Marshall Islands rank
66th

Gross value added at basic prices (GVA) (current LCU), annual growth over time

  • Iceland
  • Marshall Islands
020406080197419992025

How they compare

Marshall Islands currently reports 9.57 % change on previous year against 9.45 % change on previous year in Iceland, a difference of 0.12 % change on previous year.

The two have swapped places 9 times across 27 shared years of data; in 1998 it was Iceland ahead.

Iceland ranks 67th and Marshall Islands ranks 66th of 205 countries.

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

Head to head by decade

Decade Iceland Marshall Islands Difference Ahead
1990s 9.22 % change on previous year 1.95 % change on previous year 7.27 % change on previous year Iceland
2000s 10.19 % change on previous year 3.97 % change on previous year 6.22 % change on previous year Iceland
2010s 6.47 % change on previous year 4.71 % change on previous year 1.76 % change on previous year Iceland
2020s 8.35 % change on previous year 4.05 % change on previous year 4.3 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current lcu), annual growth, Iceland or Marshall Islands?
Marshall Islands, at 9.57 % change on previous year against 9.45 % change on previous year in Iceland as of 2024.
What is the difference in gross value added at basic prices (gva) (current lcu), annual growth between Iceland and Marshall Islands?
0.12 % change on previous year, with Marshall Islands ahead.
How many years of comparable data are there for Iceland and Marshall Islands?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Marshall Islands rank globally for gross value added at basic prices (gva) (current lcu), annual growth?
Iceland ranks 67th and Marshall Islands ranks 66th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Marshall Islands: Gross value added at basic prices (GVA) (current LCU), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/iceland/marshall-islands/

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<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/iceland/marshall-islands/">Iceland vs Marshall Islands: Gross value added at basic prices (GVA) (current LCU), annual growth</a> — Statizoid

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.