Marshall Islands vs Palau: Gross value added at basic prices (GVA)

Marshall Islands

211.17 million constant LCU

in 2024

Palau

235.29 million constant LCU

in 2024

Marshall Islands rank

197th

Palau rank

196th

Gross value added at basic prices (GVA) over time

Marshall Islands
Palau

How they compare

Palau currently reports 235.29 million constant LCU against 211.17 million constant LCU in Marshall Islands, a difference of 24.11 million constant LCU.

That makes Palau's figure about 1.1 times Marshall Islands's.

The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.

Globally, Marshall Islands ranks 197th and Palau ranks 196th of 197 countries.

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About this data

Indicator: Gross value added at basic prices (GVA) (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 197 places, 8,338 data points, 1960–2025
Last refreshed: 06 August 2026

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.