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

The value for Gross value added at factor cost (constant LCU) in Jamaica was 703,543,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 781,024,000,000 in 2019 and a minimum value of 362,754,000,000 in 1967.

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
1966 364,313,000,000
1967 362,754,000,000
1968 389,176,000,000
1969 412,816,000,000
1970 464,900,000,000
1971 473,669,000,000
1972 559,905,000,000
1973 530,394,000,000
1974 509,008,000,000
1975 502,934,000,000
1976 471,338,000,000
1977 466,529,000,000
1978 466,410,000,000
1979 456,030,000,000
1980 423,157,000,000
1981 425,171,000,000
1982 430,237,000,000
1983 444,055,000,000
1984 434,519,000,000
1985 414,922,000,000
1986 421,744,000,000
1987 452,244,000,000
1988 474,692,000,000
1989 510,237,000,000
1990 538,965,000,000
1991 574,176,000,000
1992 571,864,000,000
1993 661,687,000,000
1994 674,108,000,000
1995 690,596,000,000
1996 687,879,000,000
1997 676,591,000,000
1998 668,405,000,000
1999 674,961,000,000
2000 680,201,000,000
2001 688,913,000,000
2002 693,562,000,000
2003 718,990,000,000
2004 728,509,000,000
2005 735,020,000,000
2006 756,328,000,000
2007 767,251,000,000
2008 760,976,000,000
2009 735,021,000,000
2010 724,472,000,000
2011 734,800,000,000
2012 731,119,000,000
2013 732,757,000,000
2014 736,967,000,000
2015 743,373,000,000
2016 754,511,000,000
2017 759,637,000,000
2018 773,517,000,000
2019 781,024,000,000
2020 703,543,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts