Kiribati vs Micronesia (country): Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Kiribati
- Micronesia (country)
How they compare
Micronesia (country) currently reports 309.56 million constant 2015 US$ against 273.29 million constant 2015 US$ in Kiribati, a difference of 36.27 million constant 2015 US$.
That makes Micronesia (country)'s figure about 1.1 times Kiribati's.
Across all 30 years both countries report, Micronesia (country) has been ahead every year.
Globally, Kiribati ranks 191st and Micronesia (country) ranks 189th 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.