Jamaica - 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 Jamaica was $11,534,290,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $12,860,900,000 in 2019 and $644,448,800 in 1960.

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
1960 $644,448,800
1961 $688,785,500
1962 $717,298,300
1963 $763,724,900
1964 $817,914,200
1965 $886,882,200
1966 $1,003,220,000
1967 $1,027,064,000
1968 $983,799,400
1969 $1,086,403,000
1970 $1,287,411,000
1971 $1,403,338,000
1972 $1,711,661,000
1973 $1,743,794,000
1974 $2,177,538,000
1975 $2,597,844,000
1976 $2,705,643,000
1977 $3,012,430,000
1978 $2,452,062,000
1979 $2,222,121,000
1980 $2,416,302,000
1981 $2,629,898,000
1982 $2,882,508,000
1983 $3,208,105,000
1984 $2,090,976,000
1985 $1,820,314,000
1986 $2,381,851,000
1987 $2,825,974,000
1988 $3,322,658,000
1989 $3,834,361,000
1990 $4,052,214,000
1991 $3,681,930,000
1992 $3,096,838,000
1993 $4,852,056,000
1994 $4,896,678,000
1995 $5,841,341,000
1996 $6,605,324,000
1997 $7,545,792,000
1998 $7,817,757,000
1999 $7,872,808,000
2000 $7,978,933,000
2001 $8,128,502,000
2002 $8,613,617,000
2003 $8,270,290,000
2004 $8,877,285,000
2005 $9,821,566,000
2006 $10,383,320,000
2007 $11,088,690,000
2008 $11,911,290,000
2009 $10,567,170,000
2010 $11,355,240,000
2011 $12,432,980,000
2012 $12,669,350,000
2013 $12,099,000,000
2014 $11,770,430,000
2015 $11,916,760,000
2016 $11,711,900,000
2017 $12,102,100,000
2018 $12,851,310,000
2019 $12,860,900,000
2020 $11,534,290,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Jamaica was 1,642,520,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,714,510,000,000 in 2019 and a minimum value of 460,329,800 in 1960.

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
1960 460,329,800
1961 491,999,500
1962 512,366,200
1963 545,528,700
1964 584,236,100
1965 633,500,000
1966 716,600,000
1967 743,800,000
1968 819,800,000
1969 905,300,000
1970 1,072,800,000
1971 1,168,700,000
1972 1,313,700,000
1973 1,573,600,000
1974 1,979,600,000
1975 2,361,700,000
1976 2,459,700,000
1977 2,738,600,000
1978 3,465,500,000
1979 3,921,600,000
1980 4,304,400,000
1981 4,684,900,000
1982 5,134,900,000
1983 6,198,700,000
1984 8,244,300,000
1985 10,118,400,000
1986 13,047,300,000
1987 15,505,270,000
1988 18,236,740,000
1989 22,026,870,000
1990 29,111,100,000
1991 44,609,900,000
1992 71,104,320,000
1993 121,052,000,000
1994 162,011,000,000
1995 205,277,000,000
1996 245,187,000,000
1997 267,155,000,000
1998 285,739,000,000
1999 307,382,000,000
2000 342,980,000,000
2001 373,881,000,000
2002 417,036,000,000
2003 477,534,000,000
2004 543,265,000,000
2005 611,694,000,000
2006 682,640,000,000
2007 767,251,000,000
2008 866,620,000,000
2009 928,792,000,000
2010 990,133,000,000
2011 1,067,910,000,000
2012 1,124,400,000,000
2013 1,214,710,000,000
2014 1,305,750,000,000
2015 1,393,900,000,000
2016 1,465,100,000,000
2017 1,548,640,000,000
2018 1,656,170,000,000
2019 1,714,510,000,000
2020 1,642,520,000,000

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

The latest value for Gross value added at factor cost (constant 2010 US$) in Jamaica was 11,278,260,000 as of 2020. Over the past 54 years, the value for this indicator has fluctuated between 12,520,330,000 in 2019 and 5,815,179,000 in 1967.

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
1966 5,840,170,000
1967 5,815,179,000
1968 6,238,744,000
1969 6,617,705,000
1970 7,452,652,000
1971 7,593,226,000
1972 8,975,643,000
1973 8,502,563,000
1974 8,159,736,000
1975 8,062,366,000
1976 7,555,864,000
1977 7,478,771,000
1978 7,476,861,000
1979 7,310,459,000
1980 6,783,491,000
1981 6,815,770,000
1982 6,896,978,000
1983 7,118,490,000
1984 6,965,627,000
1985 6,651,471,000
1986 6,760,830,000
1987 7,249,765,000
1988 7,609,627,000
1989 8,179,434,000
1990 8,639,967,000
1991 9,204,412,000
1992 9,167,352,000
1993 10,607,280,000
1994 10,806,400,000
1995 11,070,710,000
1996 11,027,150,000
1997 10,846,200,000
1998 10,714,970,000
1999 10,820,070,000
2000 10,904,070,000
2001 11,043,730,000
2002 11,118,260,000
2003 11,525,880,000
2004 11,678,480,000
2005 11,782,860,000
2006 12,124,440,000
2007 12,299,540,000
2008 12,198,950,000
2009 11,782,870,000
2010 11,613,760,000
2011 11,779,330,000
2012 11,720,320,000
2013 11,746,580,000
2014 11,814,070,000
2015 11,916,760,000
2016 12,095,310,000
2017 12,177,480,000
2018 12,399,990,000
2019 12,520,330,000
2020 11,278,260,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Jamaica was 703,543,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 781,024,000,000 in 2019 and a minimum value of 362,754,000,000 in 1967.

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
1966 364,313,000,000
1967 362,754,000,000
1968 389,176,000,000
1969 412,816,000,000
1970 464,900,000,000
1971 473,669,000,000
1972 559,905,000,000
1973 530,394,000,000
1974 509,008,000,000
1975 502,934,000,000
1976 471,338,000,000
1977 466,529,000,000
1978 466,410,000,000
1979 456,030,000,000
1980 423,157,000,000
1981 425,171,000,000
1982 430,237,000,000
1983 444,055,000,000
1984 434,519,000,000
1985 414,922,000,000
1986 421,744,000,000
1987 452,244,000,000
1988 474,692,000,000
1989 510,237,000,000
1990 538,965,000,000
1991 574,176,000,000
1992 571,864,000,000
1993 661,687,000,000
1994 674,108,000,000
1995 690,596,000,000
1996 687,879,000,000
1997 676,591,000,000
1998 668,405,000,000
1999 674,961,000,000
2000 680,201,000,000
2001 688,913,000,000
2002 693,562,000,000
2003 718,990,000,000
2004 728,509,000,000
2005 735,020,000,000
2006 756,328,000,000
2007 767,251,000,000
2008 760,976,000,000
2009 735,021,000,000
2010 724,472,000,000
2011 734,800,000,000
2012 731,119,000,000
2013 732,757,000,000
2014 736,967,000,000
2015 743,373,000,000
2016 754,511,000,000
2017 759,637,000,000
2018 773,517,000,000
2019 781,024,000,000
2020 703,543,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts