Iceland vs Palau: Gross value added at basic prices (GVA) (current US$), annual growth

Iceland
17.56 % change on previous year
in 2025
Palau
17.95 % change on previous year
in 2024
Iceland rank
19th
Palau rank
18th

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

  • Iceland
  • Palau
-2002040197419992025

How they compare

Palau currently reports 17.95 % change on previous year against 17.56 % change on previous year in Iceland, a difference of 0.39 % change on previous year.

The two have swapped places 12 times across 24 shared years of data; in 2001 it was Palau ahead.

Iceland ranks 19th and Palau ranks 18th of 205 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Palau Difference Ahead
2000s 6.22 % change on previous year 2.45 % change on previous year 3.77 % change on previous year Iceland
2010s 6.84 % change on previous year 4.34 % change on previous year 2.49 % change on previous year Iceland
2020s 6.09 % change on previous year 2.66 % change on previous year 3.43 % 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 us$), annual growth, Iceland or Palau?
Palau, at 17.95 % change on previous year against 17.56 % change on previous year in Iceland as of 2024.
What is the difference in gross value added at basic prices (gva) (current us$), annual growth between Iceland and Palau?
0.39 % change on previous year, with Palau ahead.
How many years of comparable data are there for Iceland and Palau?
24 years are reported by both, from 2001 to 2024.
How do Iceland and Palau rank globally for gross value added at basic prices (gva) (current us$), annual growth?
Iceland ranks 19th and Palau ranks 18th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Palau: Gross value added at basic prices (GVA) (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/iceland/palau/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

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