Austria - Services, value added (current LCU)

The value for Services, value added (current LCU) in Austria was 239,524,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 251,265,000,000 in 2019 and a minimum value of 27,781,630,000 in 1976.

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
1976 27,781,630,000
1977 31,282,710,000
1978 33,086,790,000
1979 37,125,920,000
1980 39,807,160,000
1981 42,916,880,000
1982 47,223,950,000
1983 50,843,110,000
1984 53,601,860,000
1985 56,951,890,000
1986 60,473,970,000
1987 63,417,950,000
1988 66,681,810,000
1989 71,755,300,000
1990 77,176,730,000
1991 83,242,600,000
1992 89,343,290,000
1993 93,974,460,000
1994 98,288,990,000
1995 104,054,000,000
1996 107,117,000,000
1997 110,388,000,000
1998 115,575,000,000
1999 119,724,000,000
2000 126,688,000,000
2001 131,185,000,000
2002 136,712,000,000
2003 140,030,000,000
2004 146,180,000,000
2005 153,899,000,000
2006 162,578,000,000
2007 171,282,000,000
2008 179,273,000,000
2009 179,073,000,000
2010 184,326,000,000
2011 193,136,000,000
2012 197,568,000,000
2013 201,882,000,000
2014 208,729,000,000
2015 216,479,000,000
2016 223,875,000,000
2017 231,084,000,000
2018 242,294,000,000
2019 251,265,000,000
2020 239,524,000,000

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