Gross value added at factor cost (current LCU)
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.
Description: The map below shows how Gross value added at factor cost (current LCU) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Iran, with a value of 14,807,100,000,000,000.00. The country with the lowest value in the world is Liberia, with a value of 0.00.
Source: World Bank national accounts data, and OECD National Accounts data files.