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

The value for Gross value added at factor cost (constant LCU) in Angola was 1,377,030,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 1,607,340,000,000 in 2015 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 constant local currency.

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

Year Value
2002 660,011,000,000
2003 675,678,000,000
2004 752,882,000,000
2005 867,023,000,000
2006 968,482,000,000
2007 1,105,440,000,000
2008 1,220,320,000,000
2009 1,229,030,000,000
2010 1,277,240,000,000
2011 1,320,730,000,000
2012 1,435,630,000,000
2013 1,506,660,000,000
2014 1,568,040,000,000
2015 1,607,340,000,000
2016 1,587,030,000,000
2017 1,584,460,000,000
2018 1,546,430,000,000
2019 1,469,150,000,000
2020 1,377,030,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts