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

The value for Gross value added at factor cost (constant LCU) in Greece was 162,447,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 208,152,000,000 in 2007 and a minimum value of 66,705,610,000 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 constant local currency.

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

Year Value
1970 66,705,610,000
1971 72,019,040,000
1972 78,591,880,000
1973 85,132,120,000
1974 83,590,660,000
1975 87,863,440,000
1976 93,180,760,000
1977 95,927,320,000
1978 102,076,000,000
1979 105,766,000,000
1980 107,947,000,000
1981 108,143,000,000
1982 108,756,000,000
1983 109,198,000,000
1984 112,390,000,000
1985 116,197,000,000
1986 118,212,000,000
1987 117,639,000,000
1988 123,372,000,000
1989 127,969,000,000
1990 126,248,000,000
1991 130,501,000,000
1992 131,519,000,000
1993 130,893,000,000
1994 132,758,000,000
1995 135,413,000,000
1996 138,756,000,000
1997 144,725,000,000
1998 151,590,000,000
1999 154,524,000,000
2000 160,282,000,000
2001 165,747,000,000
2002 172,175,000,000
2003 182,772,000,000
2004 193,430,000,000
2005 194,188,000,000
2006 202,682,000,000
2007 208,152,000,000
2008 207,765,000,000
2009 200,738,000,000
2010 189,323,000,000
2011 172,280,000,000
2012 161,181,000,000
2013 156,902,000,000
2014 157,626,000,000
2015 156,613,000,000
2016 155,014,000,000
2017 158,176,000,000
2018 160,968,000,000
2019 162,447,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts