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

The value for Gross value added at factor cost (constant LCU) in Algeria was 17,256,100,000,000 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 18,099,500,000,000 in 2019 and a minimum value of 9,635,820,000,000 in 1999.

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
1999 9,635,820,000,000
2000 9,991,940,000,000
2001 10,237,000,000,000
2002 10,716,700,000,000
2003 11,504,700,000,000
2004 12,024,300,000,000
2005 12,751,500,000,000
2006 13,026,100,000,000
2007 13,432,000,000,000
2008 13,673,800,000,000
2009 13,833,900,000,000
2010 14,331,800,000,000
2011 14,773,300,000,000
2012 15,132,100,000,000
2013 15,431,200,000,000
2014 16,006,000,000,000
2015 16,574,300,000,000
2016 17,205,000,000,000
2017 17,656,400,000,000
2018 17,908,600,000,000
2019 18,099,500,000,000
2020 17,256,100,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts