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

The value for Gross value added at factor cost (constant LCU) in Russia was 80,112,400,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 82,307,200,000,000 in 2019 and a minimum value of 37,652,100,000,000 in 1998.

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
1990 70,801,000,000,000
1991 67,481,200,000,000
1992 58,009,700,000,000
1993 48,641,200,000,000
1994 43,740,100,000,000
1995 40,241,200,000,000
1996 39,126,000,000,000
1997 39,677,600,000,000
1998 37,652,100,000,000
1999 39,786,100,000,000
2000 43,490,400,000,000
2001 45,624,900,000,000
2002 47,760,000,000,000
2003 51,337,200,000,000
2004 54,727,500,000,000
2005 58,006,900,000,000
2006 62,611,200,000,000
2007 67,896,400,000,000
2008 71,438,500,000,000
2009 66,620,000,000,000
2010 69,342,100,000,000
2011 72,817,600,000,000
2012 75,811,700,000,000
2013 77,130,800,000,000
2014 77,977,800,000,000
2015 76,836,500,000,000
2016 77,077,100,000,000
2017 78,499,200,000,000
2018 80,683,600,000,000
2019 82,307,200,000,000
2020 80,112,400,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts