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

The value for Gross value added at factor cost (current LCU) in Tuvalu was 36,012,100 as of 2015. As the graph below shows, over the past 15 years this indicator reached a maximum value of 36,012,100 in 2015 and a minimum value of 20,781,600 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 20,781,600
2001 22,002,200
2002 25,013,900
2003 24,886,000
2004 26,408,400
2005 25,810,500
2006 27,795,000
2007 29,520,000
2008 32,946,000
2009 32,034,000
2010 32,333,000
2011 35,571,000
2012 33,879,900
2013 34,317,800
2014 35,085,100
2015 36,012,100

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts