Argentina - Services, value added (current LCU)

The value for Services, value added (current LCU) in Argentina was 15,008,300,000,000.00 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 15,008,300,000,000.00 in 2020 and a minimum value of 0.19 in 1965.

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
1965 0.19
1966 0.24
1967 0.34
1968 0.40
1969 0.48
1970 0.58
1971 0.72
1972 1.21
1973 2.11
1974 3.01
1975 8.40
1976 41.91
1977 125.22
1978 328.78
1979 930.82
1980 2,013.40
1981 3,975.30
1982 10,773.50
1983 54,510.00
1984 410,850.00
1985 2,816,400.00
1986 5,473,200.00
1987 12,617,400.00
1988 58,347,000.00
1989 1,558,310,000.00
1990 38,496,000,000.00
1991 109,554,000,000.00
1992 143,519,000,000.00
1993 144,403,000,000.00
1994 158,559,000,000.00
1995 160,660,000,000.00
1996 166,967,000,000.00
1997 178,203,000,000.00
1998 183,972,000,000.00
1999 180,002,000,000.00
2000 180,382,000,000.00
2001 174,871,000,000.00
2002 171,220,000,000.00
2003 191,833,000,000.00
2004 232,064,000,000.00
2005 282,450,000,000.00
2006 348,997,000,000.00
2007 444,080,000,000.00
2008 577,757,000,000.00
2009 665,221,000,000.00
2010 855,706,000,000.00
2011 1,128,990,000,000.00
2012 1,415,450,000,000.00
2013 1,805,380,000,000.00
2014 2,424,190,000,000.00
2015 3,323,500,000,000.00
2016 4,617,830,000,000.00
2017 6,113,630,000,000.00
2018 8,311,610,000,000.00
2019 11,982,300,000,000.00
2020 15,008,300,000,000.00

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