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 378.20 million constant LCU against 235.29 million constant LCU in Palau, a difference of 142.91 million constant LCU.
That makes Kiribati's figure about 1.6 times Palau's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Palau ahead.
Globally, Kiribati ranks 194th and Palau ranks 196th 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.