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

Kiribati

530.28 million current LCU

in 2024

Palau

281.37 million current LCU

in 2024

Kiribati rank

201st

Palau rank

203rd

Gross value added at basic prices (GVA) over time

Kiribati
Palau

How they compare

Kiribati currently reports 530.28 million current LCU against 281.37 million current LCU in Palau, a difference of 248.92 million current LCU.

That makes Kiribati's figure about 1.9 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 201st and Palau ranks 203rd of 206 countries.

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About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.