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

The value for Gross value added at factor cost (constant LCU) in Kiribati was 194,709,400 as of 2019. As the graph below shows, over the past 37 years this indicator reached a maximum value of 194,709,400 in 2019 and a minimum value of 83,620,700 in 1987.

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
1982 96,725,000
1983 100,088,200
1984 92,047,000
1985 86,955,100
1986 88,552,900
1987 83,620,700
1988 99,663,900
1989 89,694,900
1990 88,943,100
1991 85,045,600
1992 88,218,800
1993 90,132,000
1994 95,312,800
1995 93,940,400
1996 98,586,300
1997 102,170,800
1998 115,281,900
1999 118,338,600
2000 119,447,600
2001 122,926,600
2002 120,807,100
2003 127,850,300
2004 131,333,600
2005 133,528,800
2006 136,593,000
2007 137,773,200
2008 139,194,200
2009 140,432,300
2010 140,835,100
2011 144,371,100
2012 150,349,100
2013 156,165,800
2014 157,229,000
2015 168,778,100
2016 179,799,700
2017 182,355,100
2018 187,137,700
2019 194,709,400

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts