Algeria - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Algeria was 16,907,100,000,000 as of 2020. As the graph below shows, over the past 21 years this indicator reached a maximum value of 18,881,800,000,000 in 2019 and a minimum value of 3,011,820,000,000 in 1999.

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
1999 3,011,820,000,000
2000 3,855,690,000,000
2001 3,924,200,000,000
2002 4,145,270,000,000
2003 4,849,250,000,000
2004 5,702,940,000,000
2005 7,067,970,000,000
2006 8,010,100,000,000
2007 8,820,430,000,000
2008 10,389,800,000,000
2009 9,252,201,000,000
2010 11,243,900,000,000
2011 13,733,900,000,000
2012 15,132,100,000,000
2013 15,408,300,000,000
2014 15,986,500,000,000
2015 15,358,900,000,000
2016 16,119,000,000,000
2017 17,398,700,000,000
2018 18,849,700,000,000
2019 18,881,800,000,000
2020 16,907,100,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts