Micronesia (country) vs Palau: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Micronesia (country)
- Palau
How they compare
Micronesia (country) currently reports 309.56 million constant 2015 US$ against 233.52 million constant 2015 US$ in Palau, a difference of 76.04 million constant 2015 US$.
That makes Micronesia (country)'s figure about 1.3 times Palau's.
Across all 25 years both countries report, Micronesia (country) has been ahead every year.
Globally, Micronesia (country) ranks 189th and Palau ranks 192nd of 193 countries.
Individual pages
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.