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

The value for Gross value added at factor cost (current LCU) in Palau was 229,600,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 266,800,000 in 2016 and a minimum value of 133,538,800 in 2000.

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
2000 133,538,800
2001 143,377,000
2002 150,055,300
2003 140,734,900
2004 149,130,800
2005 166,050,700
2006 171,543,600
2007 176,840,400
2008 178,998,200
2009 167,702,400
2010 166,309,900
2011 173,555,800
2012 187,223,800
2013 199,028,900
2014 215,047,900
2015 248,112,300
2016 266,800,000
2017 251,400,000
2018 253,500,000
2019 243,100,000
2020 229,600,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts