Marshall Islands - 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

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts