Marshall Islands vs Palau: Services, value added

Marshall Islands
142.71 million constant LCU
in 2024
Palau
203.63 million constant LCU
in 2024
Marshall Islands rank
198th
Palau rank
196th

Services, value added over time

  • Marshall Islands
  • Palau
050.0M100.0M150.0M200.0M250.0M199720102024

How they compare

Palau currently reports 203.63 million constant LCU against 142.71 million constant LCU in Marshall Islands, a difference of 60.92 million constant LCU.

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 198th and Palau ranks 196th of 198 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 LCU 197.07 million constant LCU 76.75 million constant LCU Palau
2010s 137.80 million constant LCU 210.40 million constant LCU 72.60 million constant LCU Palau
2020s 149.92 million constant LCU 189.53 million constant LCU 39.61 million constant LCU 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 203.63 million constant LCU against 142.71 million constant LCU in Marshall Islands as of 2024.
What is the difference in services, value added between Marshall Islands and Palau?
60.92 million constant 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 services, value added?
Marshall Islands ranks 198th and Palau ranks 196th of 198 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 7,954 data points, 1960–2025
Last refreshed

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 defence, 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 varies by country. This series is expressed in local currency units.