Gross value added at basic prices (GVA) (constant 2015 US$), annual in Pacific island small states
Pacific island small states: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 3.69 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Pacific island small states, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Pacific island small states recorded 3.69 % change on previous year for gross value added at basic prices (gva) (constant 2015 us$), annual in 2024.
Compared with earlier readings it is down 46.0% on the previous year and up 372.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Pacific island small states peaked at 7.76 % change on previous year in 2022 and was at its lowest, -9.69 % change on previous year, in 2020.
That places Pacific island small states 20th out of 32 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Pacific island small states, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | 5.4 % change on previous year | — |
| 2000 | 0.4305 % change on previous year | -92.0% |
| 2001 | 1.54 % change on previous year | +257.5% |
| 2002 | 2.04 % change on previous year | +32.9% |
| 2003 | 1.08 % change on previous year | -47.3% |
| 2004 | 4.2 % change on previous year | +289.8% |
| 2005 | 1.63 % change on previous year | -61.1% |
| 2006 | 2.7 % change on previous year | +65.5% |
| 2007 | 0.2053 % change on previous year | -92.4% |
| 2008 | 5.29 % change on previous year | +2475.4% |
| 2009 | 0.0802 % change on previous year | -98.5% |
| 2010 | 3.74 % change on previous year | +4559.1% |
| 2011 | 4.42 % change on previous year | +18.2% |
| 2012 | 2.34 % change on previous year | -47.0% |
| 2013 | 3.52 % change on previous year | +50.2% |
| 2014 | 0.7809 % change on previous year | -77.8% |
| 2015 | 3.46 % change on previous year | +343.0% |
| 2016 | 2.92 % change on previous year | -15.5% |
| 2017 | 3.24 % change on previous year | +10.7% |
| 2018 | 1.87 % change on previous year | -42.2% |
| 2019 | 1.84 % change on previous year | -1.4% |
| 2020 | -9.69 % change on previous year | -625.5% |
| 2021 | -2.51 % change on previous year | -74.1% |
| 2022 | 7.76 % change on previous year | -408.8% |
| 2023 | 6.83 % change on previous year | -12.0% |
| 2024 | 3.69 % change on previous year | -46.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.4 % change on previous year | 5.4 % change on previous year | 5.4 % change on previous year | 1 |
| 2000s | 1.92 % change on previous year | 0.0802 % change on previous year | 5.29 % change on previous year | 10 |
| 2010s | 2.81 % change on previous year | 0.7809 % change on previous year | 4.42 % change on previous year | 10 |
| 2020s | 1.22 % change on previous year | -9.69 % change on previous year | 7.76 % change on previous year | 5 |
Countries ranked near Pacific island small states
- 17 Uzbekistan 7.71 % change on previous year compare
- 18 India 7.69 % change on previous year compare
- 19 Bhutan 7.56 % change on previous year compare
- 20 Georgia 7.54 % change on previous year compare
- 21 Niger 7.47 % change on previous year compare
- 22 Guinea 7.44 % change on previous year compare
- 23 Senegal 7.19 % change on previous year compare
More economy & growth data for Pacific island small states
- Gross value added at basic prices (GVA) 10.84 billion current US$ (2024)
- Industry (including construction), value added 15.2% (2024)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 3.3% (2024)
- Services, value added 56.8% (2024)
- Inflation, GDP deflator 3.0% (2025)
- GDP 11.21 billion constant 2015 US$ (2025)
- GDP per capita 4,720 current US$ (2025)
- GDP growth 3.3% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Pacific island small states?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Pacific island small states was 3.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Pacific island small states?
- The highest recorded value was 7.76 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Pacific island small states?
- The lowest recorded value was -9.69 % change on previous year in 2020.
- How does Pacific island small states rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Pacific island small states ranks 20th out of 32 groups with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Pacific island small states?
- Over the last ten years it is up 372.6%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.