Indicator Definition:
Gross value added at basic prices (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 basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.
The indicator "Gross value added at basic prices (GVA) (current US$)" stands at 16.71 Billion usd as of 12/31/2024, the highest value since 12/31/2021.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.00 percent compared to the value the year prior.
The 1 year change in percent is 3.00.
The 3 year change in percent is 23.29.
The 5 year change in percent is -6.75.
The 10 year change in percent is -15.41.
| Measure | Realization |
| Indicator Name: | Gross value added at basic prices (GVA) (current US$) |
| Indicator Source: | World Bank national accounts data, and OECD National Accounts data files. | macro-rankings.com |
| Indicator Description: | Gross value added at basic prices (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 basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars. |
| Observations Date: | 12/31/1960 |