Marshall Islands vs Micronesia (country): Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Marshall Islands
- Micronesia (country)
How they compare
Micronesia (country) currently reports 239.36 million constant LCU against 211.17 million constant LCU in Marshall Islands, a difference of 28.19 million constant LCU.
That makes Micronesia (country)'s figure about 1.1 times Marshall Islands's.
Across all 28 years both countries report, Micronesia (country) has been ahead every year.
Globally, Marshall Islands ranks 197th 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.