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

The value for Gross value added at factor cost (current LCU) in Ireland was 322,216,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 322,216,000,000 in 2019 and a minimum value of 1,978,848,000 in 1970.

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
1970 1,978,848,000
1971 2,260,179,000
1972 2,756,238,000
1973 3,402,497,000
1974 3,920,388,000
1975 4,843,280,000
1976 5,796,570,000
1977 7,411,457,000
1978 9,010,316,000
1979 10,584,720,000
1980 12,323,140,000
1981 14,639,690,000
1982 17,092,630,000
1983 18,904,690,000
1984 21,097,030,000
1985 23,200,370,000
1986 24,443,420,000
1987 26,211,830,000
1988 28,491,920,000
1989 31,724,210,000
1990 34,298,920,000
1991 35,765,580,000
1992 37,718,340,000
1993 41,136,060,000
1994 43,637,880,000
1995 49,367,400,000
1996 53,396,490,000
1997 61,674,640,000
1998 72,494,790,000
1999 82,345,930,000
2000 96,353,350,000
2001 108,426,000,000
2002 120,281,000,000
2003 128,602,000,000
2004 136,964,000,000
2005 148,984,000,000
2006 162,078,000,000
2007 174,590,000,000
2008 167,174,000,000
2009 152,177,000,000
2010 152,147,000,000
2011 154,883,000,000
2012 158,399,000,000
2013 164,565,000,000
2014 178,572,000,000
2015 244,490,000,000
2016 254,011,000,000
2017 277,246,000,000
2018 303,076,000,000
2019 322,216,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts