Dominican Republic - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Dominican Republic was 2,220,310,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 2,370,350,000,000 in 2019 and a minimum value of 170,650,000,000 in 1968.

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
1968 170,650,000,000
1969 190,100,000,000
1970 228,221,000,000
1971 252,899,000,000
1972 280,786,000,000
1973 319,014,000,000
1974 323,770,000,000
1975 346,832,000,000
1976 379,565,000,000
1977 398,350,000,000
1978 413,005,000,000
1979 432,453,000,000
1980 470,170,000,000
1981 491,361,000,000
1982 507,835,000,000
1983 527,281,000,000
1984 528,281,000,000
1985 507,126,000,000
1986 526,831,000,000
1987 591,928,000,000
1988 604,689,000,000
1989 631,299,000,000
1990 595,238,000,000
1991 590,465,000,000
1992 653,615,000,000
1993 688,274,000,000
1994 700,589,000,000
1995 740,035,000,000
1996 777,111,000,000
1997 841,844,000,000
1998 887,061,000,000
1999 947,798,000,000
2000 981,346,000,000
2001 1,017,050,000,000
2002 1,065,700,000,000
2003 1,069,710,000,000
2004 1,111,590,000,000
2005 1,197,870,000,000
2006 1,267,910,000,000
2007 1,341,620,000,000
2008 1,388,550,000,000
2009 1,396,250,000,000
2010 1,512,570,000,000
2011 1,560,450,000,000
2012 1,600,590,000,000
2013 1,681,640,000,000
2014 1,799,680,000,000
2015 1,916,390,000,000
2016 2,038,860,000,000
2017 2,131,130,000,000
2018 2,261,320,000,000
2019 2,370,350,000,000
2020 2,220,310,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts