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

The value for Gross value added at factor cost (constant LCU) in Spain was 1,085,650,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 1,085,650,000,000 in 2019 and a minimum value of 314,613,000,000 in 1970.

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
1970 314,613,000,000
1971 332,049,000,000
1972 360,547,000,000
1973 389,611,000,000
1974 412,709,000,000
1975 418,136,000,000
1976 431,813,000,000
1977 445,189,000,000
1978 456,304,000,000
1979 457,014,000,000
1980 463,780,000,000
1981 463,774,000,000
1982 469,254,000,000
1983 478,041,000,000
1984 486,429,000,000
1985 497,150,000,000
1986 516,366,000,000
1987 545,852,000,000
1988 574,355,000,000
1989 601,015,000,000
1990 623,395,000,000
1991 637,593,000,000
1992 637,953,000,000
1993 628,586,000,000
1994 638,069,000,000
1995 654,721,000,000
1996 671,814,000,000
1997 695,190,000,000
1998 722,385,000,000
1999 754,171,000,000
2000 794,532,000,000
2001 826,167,000,000
2002 847,927,000,000
2003 870,830,000,000
2004 895,236,000,000
2005 926,222,000,000
2006 965,476,000,000
2007 1,004,640,000,000
2008 1,017,480,000,000
2009 984,469,000,000
2010 983,428,000,000
2011 979,150,000,000
2012 950,873,000,000
2013 938,606,000,000
2014 947,460,000,000
2015 978,469,000,000
2016 1,006,020,000,000
2017 1,037,070,000,000
2018 1,062,910,000,000
2019 1,085,650,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts