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

The value for Gross value added at factor cost (current LCU) in Brunei was 16,862,840,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 24,181,030,000 in 2012 and a minimum value of 15,979,070,000 in 2016.

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
2010 19,042,970,000
2011 23,676,000,000
2012 24,181,030,000
2013 23,080,980,000
2014 21,999,050,000
2015 18,115,150,000
2016 15,979,070,000
2017 17,025,370,000
2018 18,593,480,000
2019 18,683,500,000
2020 16,862,840,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts