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

The value for Gross value added at factor cost (constant LCU) in Colombia was 745,432,000,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 800,459,000,000,000 in 2019 and a minimum value of 97,517,000,000,000 in 1965.

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
1965 97,517,000,000,000
1966 101,625,000,000,000
1967 107,006,000,000,000
1968 112,867,000,000,000
1969 119,640,000,000,000
1970 126,725,000,000,000
1971 134,853,000,000,000
1972 145,818,000,000,000
1973 155,891,000,000,000
1974 164,947,000,000,000
1975 169,116,000,000,000
1976 176,809,000,000,000
1977 183,924,000,000,000
1978 198,354,000,000,000
1979 208,781,000,000,000
1980 216,577,000,000,000
1981 221,258,000,000,000
1982 222,637,000,000,000
1983 227,023,000,000,000
1984 235,735,000,000,000
1985 243,508,000,000,000
1986 257,474,000,000,000
1987 271,352,000,000,000
1988 282,046,000,000,000
1989 292,247,000,000,000
1990 304,308,000,000,000
1991 312,846,000,000,000
1992 322,538,000,000,000
1993 337,404,000,000,000
1994 354,878,000,000,000
1995 373,349,000,000,000
1996 381,370,000,000,000
1997 394,602,000,000,000
1998 397,918,000,000,000
1999 384,737,000,000,000
2000 396,806,000,000,000
2001 402,991,000,000,000
2002 413,664,000,000,000
2003 429,370,000,000,000
2004 452,485,000,000,000
2005 472,695,000,000,000
2006 501,990,000,000,000
2007 533,656,000,000,000
2008 550,163,000,000,000
2009 557,953,000,000,000
2010 582,133,000,000,000
2011 620,652,000,000,000
2012 644,576,000,000,000
2013 678,826,000,000,000
2014 708,731,000,000,000
2015 730,543,000,000,000
2016 746,534,000,000,000
2017 756,875,000,000,000
2018 775,908,000,000,000
2019 800,459,000,000,000
2020 745,432,000,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts