Gross value added at basic prices (GVA) in Pacific island small states
Pacific island small states: Gross value added at basic prices (GVA) was 9.11 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Pacific island small states, 1998–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross value added at basic prices (gva) in Pacific island small states stood at 9.11 billion constant 2015 US$. That is the highest value across all 27 years on record.
The figure is up 3.7% on the previous year and up 19.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Pacific island small states peaked at 9.11 billion constant 2015 US$ in 2024 and was at its lowest, 5.16 billion constant 2015 US$, in 1998.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.30 billion constant 2015 US$ | 5.16 billion constant 2015 US$ | 5.44 billion constant 2015 US$ | 2 |
| 2000s | 6.00 billion constant 2015 US$ | 5.47 billion constant 2015 US$ | 6.57 billion constant 2015 US$ | 10 |
| 2010s | 7.79 billion constant 2015 US$ | 6.82 billion constant 2015 US$ | 8.67 billion constant 2015 US$ | 10 |
| 2020s | 8.32 billion constant 2015 US$ | 7.63 billion constant 2015 US$ | 9.11 billion constant 2015 US$ | 5 |
More economy & growth data for Pacific island small states
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Households and NPISHs final consumption expenditure 76.1% (2024)
- Manufacturing, value added 899.35 million current US$ (2025)
- Households and NPISHs Final consumption expenditure 9.38 billion current US$ (2024)
- Manufacturing, value added 776.47 million constant 2015 US$ (2025)
- General government final consumption expenditure 23.0% (2024)
- General government final consumption expenditure 2.83 billion current US$ (2024)
- Manufacturing, value added 6.9% (2025)
- Services, value added 7.00 billion current US$ (2024)
- Industry (including construction), value added 15.2% (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Pacific island small states?
- Gross value added at basic prices (gva) in Pacific island small states was 9.11 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Pacific island small states?
- The highest recorded value was 9.11 billion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Pacific island small states?
- The lowest recorded value was 5.16 billion constant 2015 US$ in 1998.
- Is gross value added at basic prices (gva) rising or falling in Pacific island small states?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is rising.
- Where does this Pacific island small states data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is 2015. This indicator is expressed in United States dollars.