Argentina - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Argentina was 321,299,000,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 373,727,000,000 in 2017 and a minimum value of 89,597,980,000 in 1966.

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
1965 90,988,370,000
1966 89,597,980,000
1967 91,874,750,000
1968 93,565,680,000
1969 101,826,000,000
1970 112,608,000,000
1971 118,181,000,000
1972 118,952,000,000
1973 123,486,000,000
1974 129,982,000,000
1975 131,253,000,000
1976 126,788,000,000
1977 134,455,000,000
1978 132,049,000,000
1979 146,628,000,000
1980 158,987,000,000
1981 155,309,000,000
1982 154,299,000,000
1983 160,251,000,000
1984 163,477,000,000
1985 157,199,000,000
1986 165,274,000,000
1987 170,269,000,000
1988 169,629,000,000
1989 160,236,000,000
1990 157,496,000,000
1991 172,282,000,000
1992 184,242,000,000
1993 197,672,000,000
1994 210,301,000,000
1995 205,370,000,000
1996 217,030,000,000
1997 234,121,000,000
1998 245,127,000,000
1999 240,364,000,000
2000 241,189,000,000
2001 230,702,000,000
2002 208,288,000,000
2003 217,132,000,000
2004 232,064,000,000
2005 253,184,000,000
2006 274,718,000,000
2007 299,686,000,000
2008 315,057,000,000
2009 308,584,000,000
2010 330,462,000,000
2011 351,760,000,000
2012 354,112,000,000
2013 360,875,000,000
2014 354,941,000,000
2015 364,382,000,000
2016 364,351,000,000
2017 373,727,000,000
2018 370,785,000,000
2019 359,363,000,000
2020 321,299,000,000

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