Micronesia (country) vs Tonga: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Micronesia (country)
- Tonga
How they compare
Tonga currently reports 427.12 million constant 2015 US$ against 309.56 million constant 2015 US$ in Micronesia (country), a difference of 117.55 million constant 2015 US$.
That makes Tonga's figure about 1.4 times Micronesia (country)'s.
Across all 30 years both countries report, Tonga has been ahead every year.
Globally, Micronesia (country) ranks 189th and Tonga ranks 188th 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.