Kiribati - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Kiribati was 260,774,900 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 270,215,200 in 2018 and a minimum value of 15,202,000 in 1972.

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
1972 15,202,000
1973 21,280,000
1974 35,706,000
1975 40,493,000
1976 35,466,000
1977 35,051,000
1978 37,200,000
1979 36,179,000
1980 23,429,000
1981 25,329,000
1982 29,300,000
1983 31,684,000
1984 29,290,000
1985 26,789,000
1986 26,508,000
1987 28,777,000
1988 34,276,000
1989 32,040,000
1990 30,523,000
1991 57,759,200
1992 64,420,600
1993 66,882,700
1994 72,780,700
1995 73,336,700
1996 80,988,500
1997 85,066,000
1998 99,468,600
1999 105,041,000
2000 102,938,900
2001 110,195,000
2002 117,788,000
2003 125,071,000
2004 124,252,000
2005 126,820,000
2006 136,593,000
2007 146,567,500
2008 159,315,900
2009 160,000,800
2010 162,555,200
2011 169,540,100
2012 176,025,100
2013 183,119,100
2014 193,282,700
2015 215,052,900
2016 239,683,200
2017 251,380,900
2018 270,215,200
2019 260,774,900

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts