Kiribati vs Marshall Islands: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Kiribati
- Marshall Islands
How they compare
Kiribati currently reports 273.29 million constant 2015 US$ against 211.17 million constant 2015 US$ in Marshall Islands, a difference of 62.12 million constant 2015 US$.
That makes Kiribati's figure about 1.3 times Marshall Islands's.
The two have swapped places 3 times across 28 shared years of data; in 1997 it was Marshall Islands ahead.
Globally, Kiribati ranks 191st and Marshall Islands ranks 193rd of 193 countries.
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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.