Angola - Services, value added (current LCU)

The value for Services, value added (current LCU) in Angola was 13,374,300,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 13,374,300,000,000 in 2020 and a minimum value of 4,964,300 in 1995.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1995 4,964,300
1996 210,147,000
1997 529,744,000
1998 816,106,000
1999 3,604,600,000
2000 20,361,200,000
2001 53,140,700,000
2002 252,231,000,000
2003 547,297,000,000
2004 793,865,000,000
2005 1,144,800,000,000
2006 1,564,210,000,000
2007 1,732,790,000,000
2008 2,281,210,000,000
2009 2,732,380,000,000
2010 3,225,990,000,000
2011 4,103,330,000,000
2012 4,841,680,000,000
2013 5,645,470,000,000
2014 6,705,560,000,000
2015 6,788,200,000,000
2016 7,775,150,000,000
2017 9,475,180,000,000
2018 11,073,000,000,000
2019 12,673,600,000,000
2020 13,374,300,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts