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 US$ against 278.06 million current US$ in Marshall Islands, a difference of 3.31 million current US$.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Marshall Islands ranks 202nd and Palau ranks 201st of 204 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 125.14 million current US$ | 158.97 million current US$ | 33.83 million current US$ | Palau |
| 2010s | 185.81 million current US$ | 224.06 million current US$ | 38.25 million current US$ | Palau |
| 2020s | 254.44 million current US$ | 237.89 million current US$ | 16.55 million current US$ | 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 US$ against 278.06 million current US$ 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 US$, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands and Palau rank globally for gross value added at basic prices (gva)?
- Marshall Islands ranks 202nd and Palau ranks 201st of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.