Czech Republic - Total value added in constant LCU prices of 2015

4,797,384,000,000 (LCU) in 2022

In 2022, total value added for Czech Republic was 4,797,384 million LCU. Total value added of Czech Republic increased from 2,996,469 million LCU in 2003 to 4,797,384 million LCU in 2022 growing at an average annual rate of 2.56%.

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What is total value added?

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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What is Czech Republic total value added?