Gross value added at basic prices (GVA) (constant 2015 US$), per in Small states
Small states: Gross value added at basic prices (GVA) (constant 2015 US$), per was 12,178 constant 2015 US$ per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Small states, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Small states recorded 12,178 constant 2015 US$ per person for gross value added at basic prices (gva) (constant 2015 us$), per in 2025. That is the highest value across all 31 years on record.
That represents a change of up 5.3% on the previous year and up 28.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Small states peaked at 12,178 constant 2015 US$ per person in 2025 and was at its lowest, 6,285 constant 2015 US$ per person, in 1995.
Small states ranks 4th of 32 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Small states, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 6,285 constant 2015 US$ per person | — |
| 1996 | 6,445 constant 2015 US$ per person | +2.5% |
| 1997 | 6,622 constant 2015 US$ per person | +2.8% |
| 1998 | 6,775 constant 2015 US$ per person | +2.3% |
| 1999 | 7,029 constant 2015 US$ per person | +3.8% |
| 2000 | 7,354 constant 2015 US$ per person | +4.6% |
| 2001 | 7,446 constant 2015 US$ per person | +1.2% |
| 2002 | 7,604 constant 2015 US$ per person | +2.1% |
| 2003 | 7,886 constant 2015 US$ per person | +3.7% |
| 2004 | 8,180 constant 2015 US$ per person | +3.7% |
| 2005 | 8,467 constant 2015 US$ per person | +3.5% |
| 2006 | 9,034 constant 2015 US$ per person | +6.7% |
| 2007 | 9,336 constant 2015 US$ per person | +3.3% |
| 2008 | 9,394 constant 2015 US$ per person | +0.6% |
| 2009 | 8,875 constant 2015 US$ per person | -5.5% |
| 2010 | 8,986 constant 2015 US$ per person | +1.2% |
| 2011 | 9,129 constant 2015 US$ per person | +1.6% |
| 2012 | 9,194 constant 2015 US$ per person | +0.7% |
| 2013 | 9,228 constant 2015 US$ per person | +0.4% |
| 2014 | 9,356 constant 2015 US$ per person | +1.4% |
| 2015 | 9,449 constant 2015 US$ per person | +1.0% |
| 2016 | 9,522 constant 2015 US$ per person | +0.8% |
| 2017 | 9,710 constant 2015 US$ per person | +2.0% |
| 2018 | 9,909 constant 2015 US$ per person | +2.0% |
| 2019 | 10,128 constant 2015 US$ per person | +2.2% |
| 2020 | 9,396 constant 2015 US$ per person | -7.2% |
| 2021 | 9,936 constant 2015 US$ per person | +5.8% |
| 2022 | 10,599 constant 2015 US$ per person | +6.7% |
| 2023 | 11,000 constant 2015 US$ per person | +3.8% |
| 2024 | 11,569 constant 2015 US$ per person | +5.2% |
| 2025 | 12,178 constant 2015 US$ per person | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,631 constant 2015 US$ per person | 6,285 constant 2015 US$ per person | 7,029 constant 2015 US$ per person | 5 |
| 2000s | 8,358 constant 2015 US$ per person | 7,354 constant 2015 US$ per person | 9,394 constant 2015 US$ per person | 10 |
| 2010s | 9,461 constant 2015 US$ per person | 8,986 constant 2015 US$ per person | 10,128 constant 2015 US$ per person | 10 |
| 2020s | 10,780 constant 2015 US$ per person | 9,396 constant 2015 US$ per person | 12,178 constant 2015 US$ per person | 6 |
Countries ranked near Small states
- 1 Bermuda 112,409 constant 2015 US$ per person compare
- 2 Ireland 99,326 constant 2015 US$ per person compare
- 3 Luxembourg 92,937 constant 2015 US$ per person compare
- 4 Switzerland 90,880 constant 2015 US$ per person compare
- 5 Isle of Man 83,917 constant 2015 US$ per person compare
- 6 Cayman Islands 79,983 constant 2015 US$ per person compare
- 7 Norway 75,270 constant 2015 US$ per person compare
More economy & growth data for Small states
- Gross capital formation 58.19 billion constant 2015 US$ (2024)
- Gross fixed capital formation 67.79 billion current US$ (2024)
- Gross fixed capital formation 60.21 billion constant 2015 US$ (2024)
- Gross fixed capital formation 2.1% (2024)
- Gross fixed capital formation 21.8% (2024)
- Gross capital formation 67.24 billion current US$ (2024)
- Imports of goods and services 236.83 billion current US$ (2025)
- Imports of goods and services 2.5% (2025)
- Imports of goods and services 191.89 billion constant 2015 US$ (2025)
- Exports of goods and services 74.9% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Small states?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Small states was 12,178 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Small states?
- The highest recorded value was 12,178 constant 2015 US$ per person in 2025.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Small states?
- The lowest recorded value was 6,285 constant 2015 US$ per person in 1995.
- How does Small states rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Small states ranks 4th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Small states?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is rising.
- Where does this 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$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.