Gross value added at basic prices (GVA) in Small states
Small states: Gross value added at basic prices (GVA) was 307.40 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Small states, 1989–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Small states recorded 307.40 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 37 years on record.
That represents a change of up 9.2% on the previous year and up 76.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Small states peaked at 307.40 billion current US$ in 2025 and was at its lowest, 39.88 billion current US$, in 1989.
Small states ranks 35th of 38 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 39.88 billion current US$ | — |
| 1990 | 46.27 billion current US$ | +16.0% |
| 1991 | 48.28 billion current US$ | +4.3% |
| 1992 | 50.53 billion current US$ | +4.7% |
| 1993 | 48.21 billion current US$ | -4.6% |
| 1994 | 51.28 billion current US$ | +6.4% |
| 1995 | 57.45 billion current US$ | +12.0% |
| 1996 | 59.91 billion current US$ | +4.3% |
| 1997 | 63.19 billion current US$ | +5.5% |
| 1998 | 63.84 billion current US$ | +1.0% |
| 1999 | 67.87 billion current US$ | +6.3% |
| 2000 | 70.15 billion current US$ | +3.4% |
| 2001 | 71.08 billion current US$ | +1.3% |
| 2002 | 76.33 billion current US$ | +7.4% |
| 2003 | 90.74 billion current US$ | +18.9% |
| 2004 | 104.73 billion current US$ | +15.4% |
| 2005 | 118.08 billion current US$ | +12.7% |
| 2006 | 132.91 billion current US$ | +12.6% |
| 2007 | 155.50 billion current US$ | +17.0% |
| 2008 | 173.19 billion current US$ | +11.4% |
| 2009 | 147.77 billion current US$ | -14.7% |
| 2010 | 158.25 billion current US$ | +7.1% |
| 2011 | 178.26 billion current US$ | +12.6% |
| 2012 | 177.87 billion current US$ | -0.2% |
| 2013 | 184.21 billion current US$ | +3.6% |
| 2014 | 189.96 billion current US$ | +3.1% |
| 2015 | 174.65 billion current US$ | -8.1% |
| 2016 | 176.83 billion current US$ | +1.2% |
| 2017 | 192.29 billion current US$ | +8.7% |
| 2018 | 206.84 billion current US$ | +7.6% |
| 2019 | 208.75 billion current US$ | +0.9% |
| 2020 | 189.90 billion current US$ | -9.0% |
| 2021 | 221.97 billion current US$ | +16.9% |
| 2022 | 247.92 billion current US$ | +11.7% |
| 2023 | 261.21 billion current US$ | +5.4% |
| 2024 | 281.60 billion current US$ | +7.8% |
| 2025 | 307.40 billion current US$ | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.88 billion current US$ | 39.88 billion current US$ | 39.88 billion current US$ | 1 |
| 1990s | 55.68 billion current US$ | 46.27 billion current US$ | 67.87 billion current US$ | 10 |
| 2000s | 114.05 billion current US$ | 70.15 billion current US$ | 173.19 billion current US$ | 10 |
| 2010s | 184.79 billion current US$ | 158.25 billion current US$ | 208.75 billion current US$ | 10 |
| 2020s | 251.66 billion current US$ | 189.90 billion current US$ | 307.40 billion current US$ | 6 |
Countries ranked near Small states
- 32 Vietnam 473.71 billion current US$ compare
- 33 Malaysia 466.11 billion current US$ compare
- 34 Bangladesh 445.31 billion current US$ compare
- 35 Colombia 412.64 billion current US$ compare
- 36 Denmark 410.13 billion current US$ compare
- 37 Hong Kong 398.80 billion current US$ compare
- 38 Romania 386.20 billion current 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 307.40 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Small states?
- The highest recorded value was 307.40 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Small states?
- The lowest recorded value was 39.88 billion current US$ in 1989.
- How does Small states rank for gross value added at basic prices (gva)?
- Small states ranks 35th out of 38 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 76.0%. The long-run trend across the full record is volatile.
- Where does this Small states data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.