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

The value for Gross value added at factor cost (constant LCU) in Palau was 218,600,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 255,831,100 in 2015 and a minimum value of 202,630,000 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 202,630,000
2001 215,069,400
2002 224,339,100
2003 219,064,900
2004 226,904,000
2005 234,053,400
2006 234,970,500
2007 238,771,700
2008 221,579,000
2009 209,904,100
2010 209,452,900
2011 219,440,600
2012 221,980,500
2013 219,430,400
2014 230,684,600
2015 255,831,100
2016 254,400,000
2017 246,500,000
2018 247,000,000
2019 243,100,000
2020 218,600,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts