United Kingdom - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in United Kingdom was $2,526,620,000,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between $2,791,800,000,000 in 2007 and $119,737,000,000 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 U.S. dollars.

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

See also:

Year Value
1970 $119,737,000,000
1971 $136,534,000,000
1972 $158,527,000,000
1973 $181,224,000,000
1974 $198,565,000,000
1975 $235,345,000,000
1976 $225,812,000,000
1977 $253,282,000,000
1978 $320,592,000,000
1979 $413,128,000,000
1980 $527,446,000,000
1981 $502,422,000,000
1982 $474,327,000,000
1983 $450,498,000,000
1984 $422,832,000,000
1985 $447,160,000,000
1986 $545,815,000,000
1987 $669,426,000,000
1988 $812,995,000,000
1989 $823,271,000,000
1990 $967,964,000,000
1991 $1,006,370,000,000
1992 $1,044,700,000,000
1993 $943,056,000,000
1994 $1,019,230,000,000
1995 $1,216,400,000,000
1996 $1,285,380,000,000
1997 $1,409,260,000,000
1998 $1,486,690,000,000
1999 $1,509,190,000,000
2000 $1,486,480,000,000
2001 $1,474,680,000,000
2002 $1,605,690,000,000
2003 $1,848,220,000,000
2004 $2,173,020,000,000
2005 $2,286,240,000,000
2006 $2,444,920,000,000
2007 $2,791,800,000,000
2008 $2,644,030,000,000
2009 $2,194,950,000,000
2010 $2,228,710,000,000
2011 $2,373,690,000,000
2012 $2,417,220,000,000
2013 $2,486,580,000,000
2014 $2,731,790,000,000
2015 $2,611,470,000,000
2016 $2,400,830,000,000
2017 $2,376,960,000,000
2018 $2,551,530,000,000
2019 $2,526,620,000,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in United Kingdom was 1,979,470,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 1,979,470,000,000 in 2019 and a minimum value of 49,894,230,000 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 49,894,230,000
1971 56,101,750,000
1972 63,474,340,000
1973 73,975,550,000
1974 84,945,910,000
1975 106,376,000,000
1976 125,665,000,000
1977 145,207,000,000
1978 167,189,000,000
1979 195,079,000,000
1980 226,960,000,000
1981 250,005,000,000
1982 271,505,000,000
1983 297,194,000,000
1984 317,885,000,000
1985 348,427,000,000
1986 372,355,000,000
1987 409,622,000,000
1988 457,066,000,000
1989 503,183,000,000
1990 545,157,000,000
1991 570,614,000,000
1992 595,271,000,000
1993 628,830,000,000
1994 665,962,000,000
1995 770,831,000,000
1996 823,929,000,000
1997 860,777,000,000
1998 897,666,000,000
1999 932,831,000,000
2000 982,416,000,000
2001 1,024,460,000,000
2002 1,071,320,000,000
2003 1,132,030,000,000
2004 1,186,910,000,000
2005 1,257,430,000,000
2006 1,328,810,000,000
2007 1,395,340,000,000
2008 1,438,350,000,000
2009 1,408,940,000,000
2010 1,442,380,000,000
2011 1,481,520,000,000
2012 1,530,210,000,000
2013 1,590,570,000,000
2014 1,660,190,000,000
2015 1,709,330,000,000
2016 1,778,130,000,000
2017 1,846,900,000,000
2018 1,912,580,000,000
2019 1,979,470,000,000

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

The latest value for Gross value added at factor cost (constant 2010 US$) in United Kingdom was 2,791,210,000,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 2,791,210,000,000 in 2019 and 697,194,000,000 in 1960.

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
1960 697,194,000,000
1961 716,999,000,000
1962 726,184,000,000
1963 764,208,000,000
1964 806,975,000,000
1965 827,090,000,000
1966 838,666,000,000
1967 857,991,000,000
1968 906,214,000,000
1969 924,274,000,000
1970 944,699,000,000
1971 980,603,000,000
1972 1,023,660,000,000
1973 1,093,400,000,000
1974 1,068,430,000,000
1975 1,053,170,000,000
1976 1,081,560,000,000
1977 1,106,630,000,000
1978 1,147,970,000,000
1979 1,186,340,000,000
1980 1,162,740,000,000
1981 1,156,550,000,000
1982 1,183,000,000,000
1983 1,232,590,000,000
1984 1,256,660,000,000
1985 1,311,420,000,000
1986 1,349,110,000,000
1987 1,420,830,000,000
1988 1,500,820,000,000
1989 1,540,680,000,000
1990 1,555,660,000,000
1991 1,544,650,000,000
1992 1,553,230,000,000
1993 1,592,660,000,000
1994 1,650,010,000,000
1995 1,686,510,000,000
1996 1,726,030,000,000
1997 1,790,030,000,000
1998 1,850,090,000,000
1999 1,913,990,000,000
2000 1,987,520,000,000
2001 2,045,110,000,000
2002 2,092,920,000,000
2003 2,162,120,000,000
2004 2,215,220,000,000
2005 2,295,360,000,000
2006 2,356,340,000,000
2007 2,413,230,000,000
2008 2,410,460,000,000
2009 2,309,840,000,000
2010 2,361,030,000,000
2011 2,403,860,000,000
2012 2,439,160,000,000
2013 2,492,550,000,000
2014 2,556,500,000,000
2015 2,611,470,000,000
2016 2,662,300,000,000
2017 2,715,150,000,000
2018 2,750,590,000,000
2019 2,791,210,000,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in United Kingdom was 1,826,970,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 1,826,970,000,000 in 2019 and a minimum value of 456,345,000,000 in 1960.

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 local currency.

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

Year Value
1960 456,345,000,000
1961 469,309,000,000
1962 475,320,000,000
1963 500,209,000,000
1964 528,202,000,000
1965 541,368,000,000
1966 548,945,000,000
1967 561,594,000,000
1968 593,158,000,000
1969 604,979,000,000
1970 618,348,000,000
1971 641,849,000,000
1972 670,030,000,000
1973 715,681,000,000
1974 699,336,000,000
1975 689,346,000,000
1976 707,932,000,000
1977 724,338,000,000
1978 751,401,000,000
1979 776,513,000,000
1980 761,063,000,000
1981 757,016,000,000
1982 774,325,000,000
1983 806,785,000,000
1984 822,542,000,000
1985 858,385,000,000
1986 883,053,000,000
1987 929,996,000,000
1988 982,355,000,000
1989 1,008,440,000,000
1990 1,018,250,000,000
1991 1,011,040,000,000
1992 1,016,660,000,000
1993 1,042,470,000,000
1994 1,080,000,000,000
1995 1,103,900,000,000
1996 1,129,770,000,000
1997 1,171,660,000,000
1998 1,210,970,000,000
1999 1,252,790,000,000
2000 1,300,930,000,000
2001 1,338,620,000,000
2002 1,369,910,000,000
2003 1,415,210,000,000
2004 1,449,960,000,000
2005 1,502,420,000,000
2006 1,542,330,000,000
2007 1,579,570,000,000
2008 1,577,760,000,000
2009 1,511,900,000,000
2010 1,545,400,000,000
2011 1,573,430,000,000
2012 1,596,540,000,000
2013 1,631,490,000,000
2014 1,673,340,000,000
2015 1,709,330,000,000
2016 1,742,600,000,000
2017 1,777,190,000,000
2018 1,800,390,000,000
2019 1,826,970,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts