Dominican Republic - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Dominican Republic was 4,168,230,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,224,600,000,000 in 2019 and a minimum value of 568,499,900 in 1961.

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
1960 575,999,900
1961 568,499,900
1962 714,500,000
1963 821,599,900
1964 893,099,900
1965 803,600,000
1966 867,100,000
1967 914,900,000
1968 941,300,000
1969 1,079,500,000
1970 1,325,200,000
1971 1,485,900,000
1972 1,782,200,000
1973 2,116,100,000
1974 2,528,000,000
1975 3,167,200,000
1976 3,565,300,000
1977 4,137,600,000
1978 4,371,400,000
1979 5,043,200,000
1980 6,124,000,000
1981 6,726,000,000
1982 7,491,000,000
1983 8,048,000,000
1984 9,541,400,000
1985 14,223,700,000
1986 16,163,500,000
1987 20,780,000,000
1988 30,469,810,000
1989 39,320,760,000
1990 55,782,310,000
1991 114,770,000,000
1992 133,041,000,000
1993 150,009,000,000
1994 170,072,000,000
1995 196,541,000,000
1996 217,822,000,000
1997 257,911,000,000
1998 291,026,000,000
1999 321,191,000,000
2000 356,038,000,000
2001 387,536,000,000
2002 437,652,000,000
2003 589,250,000,000
2004 879,592,000,000
2005 1,010,300,000,000
2006 1,180,270,000,000
2007 1,341,620,000,000
2008 1,548,180,000,000
2009 1,615,900,000,000
2010 1,849,810,000,000
2011 2,070,330,000,000
2012 2,236,430,000,000
2013 2,449,170,000,000
2014 2,740,820,000,000
2015 2,982,620,000,000
2016 3,240,880,000,000
2017 3,530,290,000,000
2018 3,921,810,000,000
2019 4,224,600,000,000
2020 4,168,230,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts