Myanmar - Gross value added at factor cost

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Myanmar was 423,737,000,000 as of 1994. As the graph below shows, over the past 34 years this indicator reached a maximum value of 423,737,000,000 in 1994 and a minimum value of 6,349,002,000 in 1960.

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
1960 6,349,002,000
1961 6,381,005,000
1962 6,408,004,000
1963 7,590,003,000
1964 6,977,001,000
1965 7,742,000,000
1966 7,626,998,000
1967 8,198,001,000
1968 9,337,002,000
1969 9,744,998,000
1970 10,177,000,000
1971 10,483,000,000
1972 10,808,000,000
1989 120,556,000,000
1990 146,994,000,000
1991 179,452,000,000
1992 240,319,000,000
1993 339,959,000,000
1994 423,737,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts