The Gambia - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in The Gambia was 87,923,560,000 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 87,923,560,000 in 2020 and a minimum value of 27,156,430,000 in 2004.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2004 27,156,430,000
2005 27,700,550,000
2006 27,610,640,000
2007 29,539,790,000
2008 32,554,200,000
2009 35,951,090,000
2010 40,732,820,000
2011 38,880,030,000
2012 42,576,590,000
2013 46,121,400,000
2014 47,262,030,000
2015 53,450,600,000
2016 58,977,970,000
2017 64,755,270,000
2018 74,079,150,000
2019 84,260,000,000
2020 87,923,560,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts