Angola - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Angola was 583,093,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 645,546,000,000 in 2014 and a minimum value of 252,231,000,000 in 2002.

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 constant local currency.

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

Year Value
2002 252,231,000,000
2003 265,275,000,000
2004 285,124,000,000
2005 309,679,000,000
2006 336,367,000,000
2007 355,213,000,000
2008 401,100,000,000
2009 437,071,000,000
2010 466,103,000,000
2011 515,150,000,000
2012 544,319,000,000
2013 586,451,000,000
2014 645,546,000,000
2015 614,315,000,000
2016 582,105,000,000
2017 590,726,000,000
2018 592,269,000,000
2019 597,678,000,000
2020 583,093,000,000

Base Period: varies by country

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