Micronesia - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Micronesia was $379,490,200 as of 2020. Over the past 37 years, the value for this indicator has fluctuated between $379,490,200 in 2020 and $100,800,000 in 1983.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1983 $100,800,000
1995 $210,942,700
1996 $209,863,400
1997 $197,018,600
1998 $207,417,700
1999 $206,857,900
2000 $218,535,500
2001 $226,434,300
2002 $227,274,400
2003 $228,123,300
2004 $221,930,400
2005 $228,755,200
2006 $231,903,500
2007 $235,894,500
2008 $243,828,400
2009 $257,654,900
2010 $270,877,500
2011 $286,264,600
2012 $301,830,100
2013 $292,176,300
2014 $298,532,500
2015 $293,137,200
2016 $307,409,200
2017 $338,306,100
2018 $371,912,200
2019 $377,625,700
2020 $379,490,200

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Micronesia was 379,490,200 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 379,490,200 in 2020 and a minimum value of 100,800,000 in 1983.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1983 100,800,000
1995 210,942,700
1996 209,863,400
1997 197,018,600
1998 207,417,700
1999 206,857,900
2000 218,535,500
2001 226,434,300
2002 227,274,400
2003 228,123,300
2004 221,930,400
2005 228,755,200
2006 231,903,500
2007 235,894,500
2008 243,828,400
2009 257,654,900
2010 270,877,500
2011 286,264,600
2012 301,830,100
2013 292,176,300
2014 298,532,500
2015 293,137,200
2016 307,409,200
2017 338,306,100
2018 371,912,200
2019 377,625,700
2020 379,490,200

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Micronesia was 300,717,300 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 307,249,200 in 2019 and 266,632,600 in 1997.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 293,596,200
1996 283,629,900
1997 266,632,600
1998 273,079,500
1999 273,993,200
2000 285,606,600
2001 293,323,700
2002 295,145,800
2003 297,266,400
2004 287,821,000
2005 290,951,100
2006 291,680,300
2007 287,528,100
2008 281,638,300
2009 283,981,100
2010 289,567,700
2011 300,893,600
2012 296,454,900
2013 285,545,000
2014 281,148,800
2015 293,137,200
2016 294,624,400
2017 300,221,000
2018 300,271,800
2019 307,249,200
2020 300,717,300

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Micronesia was 231,874,400 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 236,911,000 in 2019 and a minimum value of 205,592,700 in 1997.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 226,383,500
1996 218,698,800
1997 205,592,700
1998 210,563,700
1999 211,268,200
2000 220,223,000
2001 226,173,400
2002 227,578,400
2003 229,213,500
2004 221,930,400
2005 224,344,000
2006 224,906,200
2007 221,704,600
2008 217,163,100
2009 218,969,600
2010 223,277,300
2011 232,010,300
2012 228,587,800
2013 220,175,500
2014 216,785,700
2015 226,029,600
2016 227,176,300
2017 231,491,700
2018 231,530,900
2019 236,911,000
2020 231,874,400

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts