Austria - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Austria was 216,848,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 233,933,000,000 in 2019 and a minimum value of 86,748,170,000 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 constant local currency.

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

Year Value
1976 86,748,170,000
1977 90,386,510,000
1978 90,830,770,000
1979 96,934,770,000
1980 98,635,930,000
1981 99,464,710,000
1982 103,491,000,000
1983 106,670,000,000
1984 108,322,000,000
1985 110,349,000,000
1986 113,397,000,000
1987 115,231,000,000
1988 118,580,000,000
1989 123,921,000,000
1990 128,918,000,000
1991 132,989,000,000
1992 136,894,000,000
1993 138,156,000,000
1994 140,048,000,000
1995 144,634,000,000
1996 147,587,000,000
1997 151,052,000,000
1998 157,641,000,000
1999 162,849,000,000
2000 169,209,000,000
2001 171,366,000,000
2002 175,979,000,000
2003 177,049,000,000
2004 181,848,000,000
2005 186,510,000,000
2006 193,813,000,000
2007 200,029,000,000
2008 204,792,000,000
2009 202,641,000,000
2010 205,632,000,000
2011 211,363,000,000
2012 212,001,000,000
2013 212,037,000,000
2014 213,977,000,000
2015 216,479,000,000
2016 219,756,000,000
2017 223,777,000,000
2018 229,258,000,000
2019 233,933,000,000
2020 216,848,000,000

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