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

The value for Gross value added at factor cost (current LCU) in Greece was 163,101,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 213,819,000,000 in 2008 and a minimum value of 1,226,221,000 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 1,226,221,000
1971 1,366,057,000
1972 1,568,313,000
1973 2,035,222,000
1974 2,411,225,000
1975 2,819,267,000
1976 3,463,527,000
1977 4,014,343,000
1978 4,832,208,000
1979 5,918,117,000
1980 7,241,946,000
1981 8,840,059,000
1982 10,982,220,000
1983 12,990,540,000
1984 15,981,690,000
1985 19,661,600,000
1986 23,159,080,000
1987 26,036,290,000
1988 31,466,940,000
1989 37,253,600,000
1990 43,815,570,000
1991 52,620,680,000
1992 59,557,260,000
1993 68,245,840,000
1994 75,945,230,000
1995 84,679,250,000
1996 93,276,000,000
1997 103,437,000,000
1998 113,424,000,000
1999 119,961,000,000
2000 126,181,000,000
2001 135,470,000,000
2002 145,797,000,000
2003 160,513,000,000
2004 174,773,000,000
2005 178,821,000,000
2006 193,047,000,000
2007 205,267,000,000
2008 213,819,000,000
2009 212,391,000,000
2010 199,644,000,000
2011 181,909,000,000
2012 168,979,000,000
2013 160,237,000,000
2014 157,913,000,000
2015 156,613,000,000
2016 154,044,000,000
2017 157,526,000,000
2018 160,789,000,000
2019 163,101,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts