Guinea-Bissau - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Guinea-Bissau was 491,251,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 503,331,000,000 in 2019 and a minimum value of 277,445,000,000 in 2000.

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
2000 277,445,000,000
2001 283,568,000,000
2002 277,651,000,000
2003 283,070,000,000
2004 287,891,000,000
2005 301,646,000,000
2006 295,817,000,000
2007 304,922,000,000
2008 313,917,000,000
2009 325,601,000,000
2010 339,774,000,000
2011 384,850,000,000
2012 379,619,000,000
2013 392,384,000,000
2014 394,126,000,000
2015 416,866,000,000
2016 441,642,000,000
2017 465,602,000,000
2018 481,657,000,000
2019 503,331,000,000
2020 491,251,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts