Small states - 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 Small states was $418,732,000,000 as of 2020. Over the past 9 years, the value for this indicator has fluctuated between $504,410,000,000 in 2014 and $418,732,000,000 in 2020.

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
2011 $451,588,000,000
2012 $470,842,000,000
2013 $489,081,000,000
2014 $504,410,000,000
2015 $427,600,000,000
2016 $419,567,000,000
2017 $451,891,000,000
2018 $496,298,000,000
2019 $488,349,000,000
2020 $418,732,000,000

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

The latest value for Gross value added at factor cost (constant 2010 US$) in Small states was 336,952,000,000 as of 2020. Over the past 7 years, the value for this indicator has fluctuated between 548,828,000,000 in 2013 and 336,952,000,000 in 2020.

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
2013 548,828,000,000
2014 472,524,000,000
2015 427,600,000,000
2016 371,211,000,000
2017 339,979,000,000
2018 350,838,000,000
2019 358,015,000,000
2020 336,952,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts