Dominican Republic - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Dominican Republic was 1,309,610,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 1,426,740,000,000 in 2019 and a minimum value of 97,155,480,000 in 1968.

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
1966 134,905,000,000
1967 97,400,660,000
1968 97,155,480,000
1969 103,602,000,000
1970 127,182,000,000
1971 139,644,000,000
1972 153,160,000,000
1973 168,666,000,000
1974 183,866,000,000
1975 195,518,000,000
1976 207,236,000,000
1977 218,719,000,000
1978 228,036,000,000
1979 236,373,000,000
1980 263,058,000,000
1981 274,798,000,000
1982 286,766,000,000
1983 294,511,000,000
1984 299,905,000,000
1985 301,850,000,000
1986 310,136,000,000
1987 333,066,000,000
1988 349,064,000,000
1989 364,215,000,000
1990 348,607,000,000
1991 355,625,000,000
1992 386,236,000,000
1993 412,766,000,000
1994 424,925,000,000
1995 447,224,000,000
1996 469,416,000,000
1997 513,876,000,000
1998 530,566,000,000
1999 558,758,000,000
2000 578,161,000,000
2001 605,084,000,000
2002 627,983,000,000
2003 625,769,000,000
2004 645,060,000,000
2005 697,918,000,000
2006 745,961,000,000
2007 801,154,000,000
2008 842,345,000,000
2009 861,704,000,000
2010 929,544,000,000
2011 961,066,000,000
2012 1,001,470,000,000
2013 1,034,250,000,000
2014 1,101,100,000,000
2015 1,168,810,000,000
2016 1,245,170,000,000
2017 1,293,240,000,000
2018 1,370,580,000,000
2019 1,426,740,000,000
2020 1,309,610,000,000

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