Kiribati vs Palau: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 273.29 million constant 2015 US$ against 233.52 million constant 2015 US$ in Palau, a difference of 39.77 million constant 2015 US$.
That makes Kiribati's figure about 1.2 times Palau's.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Kiribati ranks 191st and Palau ranks 192nd 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.