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

The value for Gross value added at factor cost (current LCU) in Austria was 355,359,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 355,359,000,000 in 2019 and a minimum value of 27,041,730,000 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 current local currency.

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

Year Value
1970 27,041,730,000
1971 30,198,930,000
1972 34,463,430,000
1973 36,492,390,000
1974 41,872,860,000
1975 44,750,520,000
1976 49,683,090,000
1977 54,816,770,000
1978 58,138,910,000
1979 63,851,710,000
1980 68,556,780,000
1981 72,936,210,000
1982 78,514,140,000
1983 83,520,570,000
1984 86,913,840,000
1985 91,988,620,000
1986 97,268,880,000
1987 101,009,000,000
1988 105,646,000,000
1989 113,087,000,000
1990 122,097,000,000
1991 130,898,000,000
1992 138,369,000,000
1993 143,071,000,000
1994 150,302,000,000
1995 158,821,000,000
1996 163,220,000,000
1997 168,103,000,000
1998 175,076,000,000
1999 181,187,000,000
2000 190,625,000,000
2001 197,077,000,000
2002 202,353,000,000
2003 207,248,000,000
2004 216,098,000,000
2005 225,888,000,000
2006 239,076,000,000
2007 253,605,000,000
2008 262,415,000,000
2009 256,671,000,000
2010 263,633,000,000
2011 276,404,000,000
2012 283,548,000,000
2013 288,624,000,000
2014 297,230,000,000
2015 307,038,000,000
2016 318,953,000,000
2017 329,396,000,000
2018 344,339,000,000
2019 355,359,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts