Latin America & the Caribbean (IDA & IBRD countries) vs Marshall Islands: Gross value added at basic prices (GVA) (current US$), per unit of GDP
Gross value added at basic prices (GVA) (current US$), per unit of GDP over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Marshall Islands
How they compare
Marshall Islands currently reports 0.9756 current US$ per US$ of GDP against 0.9233 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.0523 current US$ per US$ of GDP.
That makes Marshall Islands's figure about 1.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 1 time across 28 shared years of data; in 1997 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 26th and Marshall Islands ranks 28th of 38 groups.
Across the 4 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Marshall Islands in 3.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.9183 current US$ per US$ of GDP | 0.8736 current US$ per US$ of GDP | 0.0448 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 0.899 current US$ per US$ of GDP | 0.9169 current US$ per US$ of GDP | 0.0179 current US$ per US$ of GDP | Marshall Islands |
| 2010s | 0.904 current US$ per US$ of GDP | 0.9571 current US$ per US$ of GDP | 0.0531 current US$ per US$ of GDP | Marshall Islands |
| 2020s | 0.9312 current US$ per US$ of GDP | 0.9707 current US$ per US$ of GDP | 0.0395 current US$ per US$ of GDP | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (current us$), per unit of gdp, Latin America & the Caribbean (IDA & IBRD countries) or Marshall Islands?
- Marshall Islands, at 0.9756 current US$ per US$ of GDP against 0.9233 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in gross value added at basic prices (gva) (current us$), per unit of gdp between Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands?
- 0.0523 current US$ per US$ of GDP, with Marshall Islands ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands?
- 28 years are reported by both, from 1997 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Marshall Islands rank globally for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th and Marshall Islands ranks 28th of 38 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per unit of GDP. 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 (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.