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

The value for Gross value added at factor cost (constant LCU) in Belarus was 70,740,620,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 71,330,330,000 in 2019 and a minimum value of 22,307,190,000 in 1995.

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 34,711,970,000
1991 34,192,120,000
1992 30,732,330,000
1993 28,323,130,000
1994 25,063,010,000
1995 22,307,190,000
1996 22,846,150,000
1997 25,232,460,000
1998 27,196,440,000
1999 28,391,270,000
2000 30,409,750,000
2001 32,078,520,000
2002 33,523,690,000
2003 35,961,780,000
2004 40,307,040,000
2005 44,217,960,000
2006 48,862,940,000
2007 52,177,350,000
2008 57,552,110,000
2009 57,841,520,000
2010 63,528,440,000
2011 68,206,150,000
2012 69,114,220,000
2013 69,619,590,000
2014 71,179,500,000
2015 68,399,100,000
2016 66,468,200,000
2017 68,115,900,000
2018 70,288,700,000
2019 71,330,330,000
2020 70,740,620,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts