West Bank and Gaza - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in West Bank and Gaza was $14,837,000,000 as of 2019. Over the past 25 years, the value for this indicator has fluctuated between $14,837,000,000 in 2019 and $2,823,300,000 in 1994.

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 U.S. dollars.

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

See also:

Year Value
1994 $2,823,300,000
1995 $3,035,600,000
1996 $3,042,600,000
1997 $3,278,100,000
1998 $3,518,900,000
1999 $3,672,500,000
2000 $3,715,400,000
2001 $3,578,200,000
2002 $3,256,900,000
2003 $3,577,500,000
2004 $4,076,000,000
2005 $4,474,300,000
2006 $4,706,400,000
2007 $5,060,200,000
2008 $6,208,800,000
2009 $6,906,300,000
2010 $8,261,000,000
2011 $9,787,199,000
2012 $10,782,400,000
2013 $11,748,500,000
2014 $12,203,800,000
2015 $11,948,800,000
2016 $13,221,400,000
2017 $13,752,100,000
2018 $14,099,000,000
2019 $14,837,000,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in West Bank and Gaza was 14,837,000,000 as of 2019. As the graph below shows, over the past 25 years this indicator reached a maximum value of 14,837,000,000 in 2019 and a minimum value of 2,823,300,000 in 1994.

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
1994 2,823,300,000
1995 3,035,600,000
1996 3,042,600,000
1997 3,278,100,000
1998 3,518,900,000
1999 3,672,500,000
2000 3,715,400,000
2001 3,578,200,000
2002 3,256,900,000
2003 3,577,500,000
2004 4,076,000,000
2005 4,474,300,000
2006 4,706,400,000
2007 5,060,200,000
2008 6,208,800,000
2009 6,906,300,000
2010 8,261,000,000
2011 9,787,199,000
2012 10,782,400,000
2013 11,748,500,000
2014 12,203,800,000
2015 11,948,800,000
2016 13,221,400,000
2017 13,752,100,000
2018 14,099,000,000
2019 14,837,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in West Bank and Gaza was 11,856,800,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 13,494,000,000 in 2019 and 4,843,391,000 in 1996.

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 2010 U.S. dollars.

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

See also:

Year Value
1994 5,019,224,000
1995 4,969,466,000
1996 4,843,391,000
1997 5,413,732,000
1998 6,140,607,000
1999 6,624,114,000
2000 6,004,067,000
2001 5,686,033,000
2002 5,098,162,000
2003 5,744,305,000
2004 6,875,500,000
2005 7,583,700,000
2006 7,507,600,000
2007 7,650,400,000
2008 8,054,500,000
2009 8,824,400,000
2010 9,463,500,000
2011 10,703,000,000
2012 11,385,000,000
2013 11,980,200,000
2014 11,710,500,000
2015 11,948,800,000
2016 13,047,100,000
2017 13,072,800,000
2018 13,317,500,000
2019 13,494,000,000
2020 11,856,800,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in West Bank and Gaza was 11,856,800,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 13,494,000,000 in 2019 and a minimum value of 4,843,391,000 in 1996.

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
1994 5,019,224,000
1995 4,969,466,000
1996 4,843,391,000
1997 5,413,732,000
1998 6,140,607,000
1999 6,624,114,000
2000 6,004,067,000
2001 5,686,033,000
2002 5,098,162,000
2003 5,744,305,000
2004 6,875,500,000
2005 7,583,700,000
2006 7,507,600,000
2007 7,650,400,000
2008 8,054,500,000
2009 8,824,400,000
2010 9,463,500,000
2011 10,703,000,000
2012 11,385,000,000
2013 11,980,200,000
2014 11,710,500,000
2015 11,948,800,000
2016 13,047,100,000
2017 13,072,800,000
2018 13,317,500,000
2019 13,494,000,000
2020 11,856,800,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts