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
Kiribati currently reports 378.20 million constant LCU against 239.36 million constant LCU in Micronesia (country), a difference of 138.84 million constant LCU.
That makes Kiribati's figure about 1.6 times Micronesia (country)'s.
The two have swapped places 1 time across 30 shared years of data; in 1995 it was Micronesia (country) ahead.
Globally, Kiribati ranks 194th and Micronesia (country) ranks 195th of 197 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 varies by country. This series is expressed in local currency units.