Bangladesh - Services, value added (current LCU)

The value for Services, value added (current LCU) in Bangladesh was 14,628,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14,628,700,000,000 in 2020 and a minimum value of 7,295,064,000 in 1960.

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
1960 7,295,064,000
1961 8,143,864,000
1962 8,541,059,000
1963 8,949,135,000
1964 9,364,015,000
1965 10,336,600,000
1966 11,046,650,000
1967 12,549,740,000
1968 13,356,370,000
1969 14,394,250,000
1970 15,845,640,000
1971 17,343,290,000
1972 12,951,020,000
1973 19,663,890,000
1974 29,893,030,000
1975 45,632,710,000
1976 50,534,940,000
1977 51,319,820,000
1978 63,137,870,000
1979 75,482,080,000
1980 125,102,000,000
1981 151,184,000,000
1982 171,312,000,000
1983 191,550,000,000
1984 197,001,000,000
1985 257,283,000,000
1986 294,501,000,000
1987 342,662,000,000
1988 384,685,000,000
1989 435,905,000,000
1990 485,494,000,000
1991 490,229,000,000
1992 530,575,000,000
1993 577,259,000,000
1994 626,739,000,000
1995 688,290,000,000
1996 952,026,000,000
1997 1,028,660,000,000
1998 1,130,870,000,000
1999 1,237,490,000,000
2000 1,357,720,000,000
2001 1,473,590,000,000
2002 1,620,820,000,000
2003 1,825,220,000,000
2004 2,024,020,000,000
2005 2,258,370,000,000
2006 2,544,070,000,000
2007 2,907,560,000,000
2008 3,327,750,000,000
2009 3,759,680,000,000
2010 4,266,700,000,000
2011 4,858,090,000,000
2012 5,608,580,000,000
2013 6,401,070,000,000
2014 7,206,900,000,000
2015 8,141,960,000,000
2016 9,300,511,000,000
2017 10,565,900,000,000
2018 11,918,700,000,000
2019 13,436,800,000,000
2020 14,628,700,000,000

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