Angola - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Angola was 32,089,300,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 32,089,300,000,000 in 2020 and a minimum value of 660,011,000,000 in 2002.

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
2002 660,011,000,000
2003 1,325,160,000,000
2004 1,976,030,000,000
2005 3,229,170,000,000
2006 4,200,640,000,000
2007 5,040,980,000,000
2008 6,513,440,000,000
2009 5,447,440,000,000
2010 7,618,000,000,000
2011 10,448,400,000,000
2012 12,390,900,000,000
2013 13,374,000,000,000
2014 14,247,600,000,000
2015 13,689,900,000,000
2016 16,144,100,000,000
2017 19,747,500,000,000
2018 25,105,100,000,000
2019 31,075,800,000,000
2020 32,089,300,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts