Belarus - Services, value added (current LCU)

The value for Services, value added (current LCU) in Belarus was 72,143,000,000.00 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 72,143,000,000.00 in 2020 and a minimum value of 123.89 in 1990.

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
1990 123.89
1991 200.00
1992 2,500.00
1993 40,000.00
1994 790,200.00
1995 4,995,800.00
1996 7,551,600.00
1997 13,906,700.00
1998 27,793,300.00
1999 121,150,700.00
2000 364,390,000.00
2001 761,590,000.00
2002 1,151,930,000.00
2003 1,581,530,000.00
2004 2,090,480,000.00
2005 2,578,500,000.00
2006 3,236,700,000.00
2007 3,932,430,000.00
2008 4,930,940,000.00
2009 5,992,400,000.00
2010 7,411,000,000.00
2011 13,559,100,000.00
2012 23,708,300,000.00
2013 30,464,100,000.00
2014 36,786,300,000.00
2015 42,924,900,000.00
2016 46,072,100,000.00
2017 50,371,800,000.00
2018 58,481,600,000.00
2019 65,246,300,000.00
2020 72,143,000,000.00

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