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 281.37 million current LCU against 278.06 million current LCU in Marshall Islands, a difference of 3.31 million current LCU.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Marshall Islands ranks 204th and Palau ranks 203rd of 206 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 125.14 million current LCU | 158.97 million current LCU | 33.83 million current LCU | Palau |
| 2010s | 185.81 million current LCU | 224.06 million current LCU | 38.25 million current LCU | Palau |
| 2020s | 254.44 million current LCU | 237.89 million current LCU | 16.55 million current LCU | Marshall Islands |
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 281.37 million current LCU against 278.06 million current LCU in Marshall Islands as of 2024.
- What is the difference in gross value added at basic prices (gva) between Marshall Islands and Palau?
- 3.31 million current 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 204th and Palau ranks 203rd of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.