Gross value added at basic prices (GVA) in Small states
Small states: Gross value added at basic prices (GVA) was 247.79 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Small states, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Small states is 247.79 billion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 6.1% on the previous year and up 41.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Small states peaked at 247.79 billion constant 2015 US$ in 2025 and was at its lowest, 94.82 billion constant 2015 US$, in 1995.
That places Small states 31st out of 34 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) in Small states, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 94.82 billion constant 2015 US$ | — |
| 1996 | 98.28 billion constant 2015 US$ | +3.6% |
| 1997 | 102.22 billion constant 2015 US$ | +4.0% |
| 1998 | 105.86 billion constant 2015 US$ | +3.6% |
| 1999 | 110.35 billion constant 2015 US$ | +4.2% |
| 2000 | 116.10 billion constant 2015 US$ | +5.2% |
| 2001 | 119.27 billion constant 2015 US$ | +2.7% |
| 2002 | 123.57 billion constant 2015 US$ | +3.6% |
| 2003 | 129.66 billion constant 2015 US$ | +4.9% |
| 2004 | 135.76 billion constant 2015 US$ | +4.7% |
| 2005 | 141.39 billion constant 2015 US$ | +4.1% |
| 2006 | 152.40 billion constant 2015 US$ | +7.8% |
| 2007 | 159.16 billion constant 2015 US$ | +4.4% |
| 2008 | 161.84 billion constant 2015 US$ | +1.7% |
| 2009 | 154.41 billion constant 2015 US$ | -4.6% |
| 2010 | 157.93 billion constant 2015 US$ | +2.3% |
| 2011 | 162.03 billion constant 2015 US$ | +2.6% |
| 2012 | 164.82 billion constant 2015 US$ | +1.7% |
| 2013 | 167.10 billion constant 2015 US$ | +1.4% |
| 2014 | 171.15 billion constant 2015 US$ | +2.4% |
| 2015 | 174.65 billion constant 2015 US$ | +2.0% |
| 2016 | 177.78 billion constant 2015 US$ | +1.8% |
| 2017 | 183.19 billion constant 2015 US$ | +3.0% |
| 2018 | 189.11 billion constant 2015 US$ | +3.2% |
| 2019 | 195.40 billion constant 2015 US$ | +3.3% |
| 2020 | 182.95 billion constant 2015 US$ | -6.4% |
| 2021 | 195.21 billion constant 2015 US$ | +6.7% |
| 2022 | 210.41 billion constant 2015 US$ | +7.8% |
| 2023 | 220.35 billion constant 2015 US$ | +4.7% |
| 2024 | 233.61 billion constant 2015 US$ | +6.0% |
| 2025 | 247.79 billion constant 2015 US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 102.30 billion constant 2015 US$ | 94.82 billion constant 2015 US$ | 110.35 billion constant 2015 US$ | 5 |
| 2000s | 139.35 billion constant 2015 US$ | 116.10 billion constant 2015 US$ | 161.84 billion constant 2015 US$ | 10 |
| 2010s | 174.32 billion constant 2015 US$ | 157.93 billion constant 2015 US$ | 195.40 billion constant 2015 US$ | 10 |
| 2020s | 215.05 billion constant 2015 US$ | 182.95 billion constant 2015 US$ | 247.79 billion constant 2015 US$ | 6 |
Countries ranked near Small states
- 28 Philippines 474.84 billion constant 2015 US$ compare
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 30 Malaysia 438.62 billion constant 2015 US$ compare
- 31 Norway 422.33 billion constant 2015 US$ compare
- 32 Singapore 409.51 billion constant 2015 US$ compare
- 33 Vietnam 403.05 billion constant 2015 US$ compare
- 34 Pakistan 400.78 billion constant 2015 US$ compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4415 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.64 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 160.59 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 656.35 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.2055 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Small states?
- Gross value added at basic prices (gva) in Small states was 247.79 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Small states?
- The highest recorded value was 247.79 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Small states?
- The lowest recorded value was 94.82 billion constant 2015 US$ in 1995.
- How does Small states rank for gross value added at basic prices (gva)?
- Small states ranks 31st out of 34 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Small states?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this Small states data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.