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

The value for Gross value added at factor cost (constant LCU) in Qatar was 644,858,000,000 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 2,975,990,000,000 in 2013 and a minimum value of 636,162,000,000 in 2017.

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
2013 2,975,990,000,000
2014 2,144,450,000,000
2015 1,647,040,000,000
2016 1,024,090,000,000
2017 636,162,000,000
2018 665,421,000,000
2019 668,441,000,000
2020 644,858,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts