Indicator Definition:
GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
The indicator "GDP (constant LCU)" stands at 7.28 Trillion as of 12/31/2024, the highest value at least since 12/31/1991, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 5.90 percent compared to the value the year prior.
The 1 year change in percent is 5.90.
The 3 year change in percent is 29.14.
The 5 year change in percent is 26.79.
The 10 year change in percent is 59.54.
| Measure | Realization |
| Indicator Name: | GDP (constant LCU) |
| Indicator Source: | World Bank national accounts data, and OECD National Accounts data files. | macro-rankings.com |
| Indicator Description: | GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. |
| Observations Date: | 12/31/1990 |