Marshall Islands vs Palau: Services, value added
Services, value added over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 202.73 million constant 2015 US$ against 142.71 million constant 2015 US$ in Marshall Islands, a difference of 60.02 million constant 2015 US$.
That makes Palau's figure about 1.4 times Marshall Islands's.
Across all 25 years both countries report, Palau has been ahead every year.
Marshall Islands ranks 194th and Palau ranks 192nd of 194 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 120.32 million constant 2015 US$ | 196.19 million constant 2015 US$ | 75.88 million constant 2015 US$ | Palau |
| 2010s | 137.80 million constant 2015 US$ | 209.47 million constant 2015 US$ | 71.67 million constant 2015 US$ | Palau |
| 2020s | 149.92 million constant 2015 US$ | 188.69 million constant 2015 US$ | 38.77 million constant 2015 US$ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Marshall Islands or Palau?
- Palau, at 202.73 million constant 2015 US$ against 142.71 million constant 2015 US$ in Marshall Islands as of 2024.
- What is the difference in services, value added between Marshall Islands and Palau?
- 60.02 million constant 2015 US$, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Marshall Islands and Palau rank globally for services, value added?
- Marshall Islands ranks 194th and Palau ranks 192nd of 194 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.