In 2022, total value added for Colombia was 875,831,895 million LCU. Between 1973 and 2022, total value added of Colombia grew substantially from 156,804,415 million to 875,831,895 million LCU rising at an increasing annual rate that reached a maximum of 10.55% in 2021 and then decreased to 6.95% in 2022.
The description is composed by our digital data assistant.Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.
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