Marshall Islands - 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 Marshall Islands was $235,427,900 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between $235,427,900 in 2019 and $95,183,100 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 current U.S. dollars.

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

See also:

Year Value
1997 $95,183,100
1998 $98,306,900
1999 $99,173,400
2000 $104,352,900
2001 $106,690,500
2002 $118,471,600
2003 $118,453,400
2004 $121,720,400
2005 $123,238,800
2006 $129,618,500
2007 $137,835,400
2008 $143,547,300
2009 $143,679,500
2010 $150,460,300
2011 $161,717,500
2012 $172,804,300
2013 $175,060,500
2014 $171,844,900
2015 $176,841,600
2016 $194,575,800
2017 $206,472,100
2018 $213,955,300
2019 $235,427,900

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Marshall Islands was 235,427,900 as of 2019. As the graph below shows, over the past 22 years this indicator reached a maximum value of 235,427,900 in 2019 and a minimum value of 95,183,100 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 current local currency.

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

Year Value
1997 95,183,100
1998 98,306,900
1999 99,173,400
2000 104,352,900
2001 106,690,500
2002 118,471,600
2003 118,453,400
2004 121,720,400
2005 123,238,800
2006 129,618,500
2007 137,835,400
2008 143,547,300
2009 143,679,500
2010 150,460,300
2011 161,717,500
2012 172,804,300
2013 175,060,500
2014 171,844,900
2015 176,841,600
2016 194,575,800
2017 206,472,100
2018 213,955,300
2019 235,427,900

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

The latest value for Gross value added at factor cost (constant 2010 US$) in Marshall Islands was 199,575,100 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between 203,807,500 in 2019 and 132,546,400 in 1999.

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
1997 135,534,400
1998 134,925,900
1999 132,546,400
2000 137,205,000
2001 145,186,200
2002 149,205,700
2003 149,747,100
2004 157,104,500
2005 158,369,900
2006 158,715,100
2007 165,321,200
2008 154,217,500
2009 162,988,400
2010 172,591,100
2011 171,207,400
2012 169,092,600
2013 175,431,500
2014 173,645,000
2015 176,841,600
2016 177,856,700
2017 184,395,400
2018 191,388,200
2019 203,807,500
2020 199,575,100

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Marshall Islands was 199,575,100 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 203,807,500 in 2019 and a minimum value of 132,546,400 in 1999.

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
1997 135,534,400
1998 134,925,900
1999 132,546,400
2000 137,205,000
2001 145,186,200
2002 149,205,700
2003 149,747,100
2004 157,104,500
2005 158,369,900
2006 158,715,100
2007 165,321,200
2008 154,217,500
2009 162,988,400
2010 172,591,100
2011 171,207,400
2012 169,092,600
2013 175,431,500
2014 173,645,000
2015 176,841,600
2016 177,856,700
2017 184,395,400
2018 191,388,200
2019 203,807,500
2020 199,575,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts