Denmark - Services, value added (current LCU)

The value for Services, value added (current LCU) in Denmark was 1,503,740,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 1,503,740,000,000 in 2020 and a minimum value of 44,515,630,000 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 current local currency.

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

Year Value
1966 44,515,630,000
1967 49,744,980,000
1968 55,328,320,000
1969 63,664,340,000
1970 72,725,640,000
1971 81,422,730,000
1972 92,552,610,000
1973 108,288,000,000
1974 122,933,000,000
1975 139,948,000,000
1976 163,116,000,000
1977 179,073,000,000
1978 199,136,000,000
1979 223,429,000,000
1980 237,046,000,000
1981 264,343,000,000
1982 302,822,000,000
1983 334,264,000,000
1984 362,532,000,000
1985 392,347,000,000
1986 416,041,000,000
1987 442,893,000,000
1988 465,912,000,000
1989 493,536,000,000
1990 520,959,000,000
1991 548,151,000,000
1992 570,855,000,000
1993 585,616,000,000
1994 621,067,000,000
1995 638,825,000,000
1996 663,624,000,000
1997 696,493,000,000
1998 720,357,000,000
1999 754,054,000,000
2000 800,719,000,000
2001 835,079,000,000
2002 866,991,000,000
2003 894,254,000,000
2004 933,614,000,000
2005 976,765,000,000
2006 1,025,170,000,000
2007 1,069,150,000,000
2008 1,122,980,000,000
2009 1,127,010,000,000
2010 1,184,140,000,000
2011 1,195,430,000,000
2012 1,218,190,000,000
2013 1,257,200,000,000
2014 1,299,620,000,000
2015 1,340,610,000,000
2016 1,373,220,000,000
2017 1,423,370,000,000
2018 1,462,790,000,000
2019 1,499,470,000,000
2020 1,503,740,000,000

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