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

The value for Gross value added at factor cost (current LCU) in Grenada was 2,361,232,000 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 2,746,949,000 in 2019 and a minimum value of 169,835,100 in 1977.

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
1977 169,835,100
1978 207,370,400
1979 239,459,800
1980 265,031,200
1981 276,360,200
1982 295,876,100
1983 307,469,600
1984 341,439,900
1985 387,866,800
1986 438,091,700
1987 494,925,800
1988 539,665,300
1989 606,784,600
1990 631,766,700
1991 688,646,300
1992 716,933,200
1993 724,492,900
1994 762,341,900
1995 805,005,800
1996 848,920,900
1997 899,854,600
1998 1,027,470,000
1999 1,114,405,000
2000 1,211,330,000
2001 1,223,619,000
2002 1,268,970,000
2003 1,376,430,000
2004 1,406,020,000
2005 1,620,572,000
2006 1,621,722,000
2007 1,763,613,000
2008 1,934,086,000
2009 1,824,940,000
2010 1,797,266,000
2011 1,803,896,000
2012 1,863,924,000
2013 1,979,488,000
2014 2,124,180,000
2015 2,305,154,000
2016 2,417,120,000
2017 2,552,408,000
2018 2,628,718,000
2019 2,746,949,000
2020 2,361,232,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts