Micronesia - Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Micronesia was $379,490,200 as of 2020. Over the past 37 years, the value for this indicator has fluctuated between $379,490,200 in 2020 and $100,800,000 in 1983.

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
1983 $100,800,000
1995 $210,942,700
1996 $209,863,400
1997 $197,018,600
1998 $207,417,700
1999 $206,857,900
2000 $218,535,500
2001 $226,434,300
2002 $227,274,400
2003 $228,123,300
2004 $221,930,400
2005 $228,755,200
2006 $231,903,500
2007 $235,894,500
2008 $243,828,400
2009 $257,654,900
2010 $270,877,500
2011 $286,264,600
2012 $301,830,100
2013 $292,176,300
2014 $298,532,500
2015 $293,137,200
2016 $307,409,200
2017 $338,306,100
2018 $371,912,200
2019 $377,625,700
2020 $379,490,200

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts