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

The latest value for Gross value added at factor cost (constant 2010 US$) in European Union was 13,189,300,000,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 13,189,300,000,000 in 2019 and 4,550,150,000,000 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 4,550,150,000,000
1971 4,718,130,000,000
1972 4,938,870,000,000
1973 5,239,050,000,000
1974 5,440,940,000,000
1975 5,385,310,000,000
1976 5,643,460,000,000
1977 5,815,300,000,000
1978 5,988,500,000,000
1979 6,216,470,000,000
1980 6,362,020,000,000
1981 6,402,440,000,000
1982 6,450,290,000,000
1983 6,546,760,000,000
1984 6,717,280,000,000
1985 6,879,730,000,000
1986 7,051,660,000,000
1987 7,218,650,000,000
1988 7,517,480,000,000
1989 7,819,270,000,000
1990 8,081,030,000,000
1991 8,245,250,000,000
1992 8,331,390,000,000
1993 8,277,990,000,000
1994 8,468,410,000,000
1995 8,692,910,000,000
1996 8,856,290,000,000
1997 9,086,640,000,000
1998 9,356,550,000,000
1999 9,621,080,000,000
2000 10,009,500,000,000
2001 10,235,500,000,000
2002 10,354,900,000,000
2003 10,440,100,000,000
2004 10,722,500,000,000
2005 10,918,200,000,000
2006 11,303,300,000,000
2007 11,689,500,000,000
2008 11,793,100,000,000
2009 11,276,100,000,000
2010 11,530,600,000,000
2011 11,757,600,000,000
2012 11,687,400,000,000
2013 11,695,400,000,000
2014 11,880,100,000,000
2015 12,134,300,000,000
2016 12,374,500,000,000
2017 12,720,300,000,000
2018 12,990,300,000,000
2019 13,189,300,000,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts