Latvia - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Latvia was 26,674,760,000 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 26,674,760,000 in 2019 and 10,635,470,000 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 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 10,635,470,000
1996 10,887,580,000
1997 11,887,820,000
1998 12,679,570,000
1999 13,070,560,000
2000 13,783,530,000
2001 14,668,530,000
2002 15,731,100,000
2003 17,047,550,000
2004 18,496,160,000
2005 20,510,860,000
2006 22,853,300,000
2007 24,936,810,000
2008 24,490,300,000
2009 21,584,470,000
2010 20,484,130,000
2011 21,815,360,000
2012 22,578,570,000
2013 22,962,660,000
2014 23,120,390,000
2015 23,967,880,000
2016 24,398,570,000
2017 25,194,240,000
2018 26,051,020,000
2019 26,674,760,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts