Marshall Islands vs Palau: Gross value added at basic prices (GVA)

Marshall Islands

211.17 million constant 2015 US$

in 2024

Palau

233.52 million constant 2015 US$

in 2024

Marshall Islands rank

193rd

Palau rank

192nd

Gross value added at basic prices (GVA) over time

Marshall Islands
Palau

How they compare

Palau currently reports 233.52 million constant 2015 US$ against 211.17 million constant 2015 US$ in Marshall Islands, a difference of 22.35 million constant 2015 US$.

That makes Palau's figure about 1.1 times Marshall Islands's.

The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.

Globally, Marshall Islands ranks 193rd and Palau ranks 192nd of 193 countries.

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About this data

Indicator: Gross value added at basic prices (GVA) (constant 2015 US$)
Unit: constant 2015 US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 227 places, 9,771 data points, 1960–2025
Last refreshed: 06 August 2026

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.