Euro area - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Euro area was $11,964,300,000,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between $12,739,500,000,000 in 2008 and $584,422,000,000 in 1970.

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 U.S. dollars.

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

See also:

Year Value
1970 $584,422,000,000
1971 $662,756,000,000
1972 $802,068,000,000
1973 $1,042,800,000,000
1974 $1,189,590,000,000
1975 $1,383,020,000,000
1976 $1,438,430,000,000
1977 $1,638,520,000,000
1978 $2,004,260,000,000
1979 $2,425,210,000,000
1980 $2,717,490,000,000
1981 $2,366,410,000,000
1982 $2,289,920,000,000
1983 $2,228,740,000,000
1984 $2,138,760,000,000
1985 $2,197,740,000,000
1986 $3,080,580,000,000
1987 $3,802,740,000,000
1988 $4,177,030,000,000
1989 $4,263,820,000,000
1990 $5,359,130,000,000
1991 $5,562,740,000,000
1992 $6,127,750,000,000
1993 $5,609,740,000,000
1994 $5,890,040,000,000
1995 $6,791,160,000,000
1996 $6,862,990,000,000
1997 $6,264,770,000,000
1998 $6,432,070,000,000
1999 $6,380,680,000,000
2000 $5,832,580,000,000
2001 $5,937,720,000,000
2002 $6,483,210,000,000
2003 $7,978,150,000,000
2004 $9,139,620,000,000
2005 $9,446,380,000,000
2006 $10,013,200,000,000
2007 $11,538,500,000,000
2008 $12,739,500,000,000
2009 $11,681,100,000,000
2010 $11,377,300,000,000
2011 $12,261,200,000,000
2012 $11,359,600,000,000
2013 $11,859,600,000,000
2014 $12,134,800,000,000
2015 $10,482,300,000,000
2016 $10,745,600,000,000
2017 $11,360,700,000,000
2018 $12,266,100,000,000
2019 $11,964,300,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Euro area was 11,302,100,000,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 11,302,100,000,000 in 2019 and 3,983,460,000,000 in 1970.

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 2010 U.S. dollars.

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

See also:

Year Value
1970 3,983,460,000,000
1971 4,132,710,000,000
1972 4,330,200,000,000
1973 4,599,930,000,000
1974 4,782,620,000,000
1975 4,729,820,000,000
1976 4,960,850,000,000
1977 5,121,290,000,000
1978 5,279,510,000,000
1979 5,479,420,000,000
1980 5,605,340,000,000
1981 5,641,980,000,000
1982 5,677,440,000,000
1983 5,759,530,000,000
1984 5,901,710,000,000
1985 6,044,320,000,000
1986 6,192,650,000,000
1987 6,341,340,000,000
1988 6,610,510,000,000
1989 6,886,250,000,000
1990 7,130,240,000,000
1991 7,317,260,000,000
1992 7,416,050,000,000
1993 7,364,750,000,000
1994 7,522,270,000,000
1995 7,707,140,000,000
1996 7,837,830,000,000
1997 8,049,260,000,000
1998 8,294,650,000,000
1999 8,527,910,000,000
2000 8,867,050,000,000
2001 9,069,150,000,000
2002 9,161,320,000,000
2003 9,216,660,000,000
2004 9,440,330,000,000
2005 9,592,320,000,000
2006 9,904,580,000,000
2007 10,233,100,000,000
2008 10,302,800,000,000
2009 9,830,230,000,000
2010 10,045,600,000,000
2011 10,229,400,000,000
2012 10,156,500,000,000
2013 10,145,100,000,000
2014 10,286,700,000,000
2015 10,482,300,000,000
2016 10,676,600,000,000
2017 10,952,700,000,000
2018 11,161,000,000,000
2019 11,302,100,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts