Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Small states

Small states: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.7346 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.7346 constant 2015 US$ per US$ of GDP
Change on year
down 2.2%
Rank
26th
of 32 groups
All-time high
1.54 constant 2015 US$ per US$ of GDP
in 2001
All-time low
0.7346 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Small states, 1995–2025

00.511.51995201020251995: 1.5 constant 2015 US$ per US$ of GDP1996: 1.5 constant 2015 US$ per US$ of GDP1997: 1.5 constant 2015 US$ per US$ of GDP1998: 1.5 constant 2015 US$ per US$ of GDP1999: 1.5 constant 2015 US$ per US$ of GDP2000: 1.5 constant 2015 US$ per US$ of GDP2001: 1.5 constant 2015 US$ per US$ of GDP2002: 1.5 constant 2015 US$ per US$ of GDP2003: 1.3 constant 2015 US$ per US$ of GDP2004: 1.2 constant 2015 US$ per US$ of GDP2005: 1.1 constant 2015 US$ per US$ of GDP2006: 1 constant 2015 US$ per US$ of GDP2007: 0.928 constant 2015 US$ per US$ of GDP2008: 0.855 constant 2015 US$ per US$ of GDP2009: 0.954 constant 2015 US$ per US$ of GDP2010: 0.917 constant 2015 US$ per US$ of GDP2011: 0.838 constant 2015 US$ per US$ of GDP2012: 0.849 constant 2015 US$ per US$ of GDP2013: 0.829 constant 2015 US$ per US$ of GDP2014: 0.819 constant 2015 US$ per US$ of GDP2015: 0.904 constant 2015 US$ per US$ of GDP2016: 0.908 constant 2015 US$ per US$ of GDP2017: 0.858 constant 2015 US$ per US$ of GDP2018: 0.821 constant 2015 US$ per US$ of GDP2019: 0.844 constant 2015 US$ per US$ of GDP2020: 0.876 constant 2015 US$ per US$ of GDP2021: 0.799 constant 2015 US$ per US$ of GDP2022: 0.777 constant 2015 US$ per US$ of GDP2023: 0.766 constant 2015 US$ per US$ of GDP2024: 0.751 constant 2015 US$ per US$ of GDP2025: 0.735 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in Small states is 0.7346 constant 2015 US$ per US$ of GDP, measured in 2025. That is the lowest value across all 31 years on record.

Compared with earlier readings it is down 2.2% on the previous year and down 18.7% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Small states peaked at 1.54 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.7346 constant 2015 US$ per US$ of GDP, in 2025.

Small states ranks 26th of 32 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Small states, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP in Small states, 1995 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1995 1.5 constant 2015 US$ per US$ of GDP
1996 1.49 constant 2015 US$ per US$ of GDP -0.7%
1997 1.48 constant 2015 US$ per US$ of GDP -0.9%
1998 1.51 constant 2015 US$ per US$ of GDP +1.8%
1999 1.49 constant 2015 US$ per US$ of GDP -1.4%
2000 1.52 constant 2015 US$ per US$ of GDP +2.1%
2001 1.54 constant 2015 US$ per US$ of GDP +1.4%
2002 1.48 constant 2015 US$ per US$ of GDP -3.7%
2003 1.3 constant 2015 US$ per US$ of GDP -12.2%
2004 1.18 constant 2015 US$ per US$ of GDP -9.6%
2005 1.09 constant 2015 US$ per US$ of GDP -7.5%
2006 1.04 constant 2015 US$ per US$ of GDP -4.0%
2007 0.9284 constant 2015 US$ per US$ of GDP -11.1%
2008 0.8551 constant 2015 US$ per US$ of GDP -7.9%
2009 0.9543 constant 2015 US$ per US$ of GDP +11.6%
2010 0.917 constant 2015 US$ per US$ of GDP -3.9%
2011 0.8385 constant 2015 US$ per US$ of GDP -8.6%
2012 0.849 constant 2015 US$ per US$ of GDP +1.3%
2013 0.8285 constant 2015 US$ per US$ of GDP -2.4%
2014 0.8191 constant 2015 US$ per US$ of GDP -1.1%
2015 0.9041 constant 2015 US$ per US$ of GDP +10.4%
2016 0.9075 constant 2015 US$ per US$ of GDP +0.4%
2017 0.8578 constant 2015 US$ per US$ of GDP -5.5%
2018 0.8213 constant 2015 US$ per US$ of GDP -4.3%
2019 0.8441 constant 2015 US$ per US$ of GDP +2.8%
2020 0.8756 constant 2015 US$ per US$ of GDP +3.7%
2021 0.799 constant 2015 US$ per US$ of GDP -8.7%
2022 0.7768 constant 2015 US$ per US$ of GDP -2.8%
2023 0.766 constant 2015 US$ per US$ of GDP -1.4%
2024 0.7508 constant 2015 US$ per US$ of GDP -2.0%
2025 0.7346 constant 2015 US$ per US$ of GDP -2.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.49 constant 2015 US$ per US$ of GDP 1.48 constant 2015 US$ per US$ of GDP 1.51 constant 2015 US$ per US$ of GDP 5
2000s 1.19 constant 2015 US$ per US$ of GDP 0.8551 constant 2015 US$ per US$ of GDP 1.54 constant 2015 US$ per US$ of GDP 10
2010s 0.8587 constant 2015 US$ per US$ of GDP 0.8191 constant 2015 US$ per US$ of GDP 0.917 constant 2015 US$ per US$ of GDP 10
2020s 0.7838 constant 2015 US$ per US$ of GDP 0.7346 constant 2015 US$ per US$ of GDP 0.8756 constant 2015 US$ per US$ of GDP 6

Countries ranked near Small states

  1. 23 Isle of Man 0.9323 constant 2015 US$ per US$ of GDP compare
  2. 24 Malaysia 0.9289 constant 2015 US$ per US$ of GDP compare
  3. 25 Paraguay 0.9213 constant 2015 US$ per US$ of GDP compare
  4. 26 Angola 0.9153 constant 2015 US$ per US$ of GDP compare
  5. 27 Solomon Islands 0.9137 constant 2015 US$ per US$ of GDP compare
  6. 28 Rwanda 0.9083 constant 2015 US$ per US$ of GDP compare
  7. 29 Eswatini 0.9083 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for Small states

All data for Small states →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Small states?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Small states was 0.7346 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Small states?
The highest recorded value was 1.54 constant 2015 US$ per US$ of GDP in 2001.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Small states?
The lowest recorded value was 0.7346 constant 2015 US$ per US$ of GDP in 2025.
How does Small states rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Small states ranks 26th out of 32 groups with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Small states?
Over the last ten years it is down 18.7%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Small states. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/small-states/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.